1731 Orchid Dr NNorth MankatoMN56003
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in North Mankato at 1731 Orchid Dr N, North Mankato, MN, 56003 earns $395/mo cash flow from $2,536/mo rent with a $1,678/mo payment. Total monthly income totals $2,536/mo, and annual cash flow totals $4,741/yr on $113,671 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.87% at a $342,900 purchase. Equity gained on principal adds $2,213/yr, and 5% annual appreciation supports $94,737 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash sums $142,457. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,536/mo property income instead of your personal income.
Single Family
Built in 1988
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56003, Mankato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,697 (100%) |
| Owner Occupied HU | 4,584 (68.4%) |
| Renter Occupied HU | 1,784 (26.6%) |
| Vacant Housing Units | 329 ( 4.9%) |
| Median Home Value | $284,171 |
| Average Home Value | $343,042 |
Housing Distribution
Address Breakdown
Residential
6,662
Single Family
5,293
Multi-Family
1,369
Businesses
279
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Listed by: Michelle Starkey • True Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781437