201 Tile StMankatoMN56001
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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 Mankato at 201 Tile St, Mankato, MN, 56001 uses $58,013 cash to close to unlock $3,681/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $857/mo payment keeps the spread at $307/mo. Purchase price stands at $175,000, and rental yield measures 9.6% with $1,400/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash records $79,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1906
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56001, Mankato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,652 (100%) |
| Owner Occupied HU | 11,305 (49.9%) |
| Renter Occupied HU | 9,849 (43.5%) |
| Vacant Housing Units | 1,498 ( 6.6%) |
| Median Home Value | $318,757 |
| Average Home Value | $350,559 |
Housing Distribution
Address Breakdown
Residential
21,723
Single Family
15,275
Multi-Family
6,448
Businesses
1,781
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