2045 Roberta DrNorth MankatoMN56003
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 2045 Roberta Dr, North Mankato, MN, 56003 in North Mankato is straightforward: $348,800 in, $2,465/mo in rent, $287/mo out after debt service. The 8.48% gross yield and 1.57 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $96,367 by year five. With $3,212/yr in principal equity, the total cumulative return is projected at $150,885.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $287 | $350 |
City averages based on North Mankato market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,465 |
| Total Monthly Debt Service | $2,039 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candee Deichman • Century 21 Atwood
Mls Name: RASM
Mls ID: #7038064