225 Oak Knoll BlvdMankatoMN56001
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
Investment Highlights
Investment property for sale in Mankato at 225 Oak Knoll Blvd, Mankato, MN, 56001 uses $120,003 cash to close to unlock $448/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,772/mo payment keeps the spread at $37/mo. Purchase price stands at $362,000, and rental yield measures 7.62% with $2,298/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $125,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,772/mo payment rather than investor’s personal income.
Single Family
Built in 1940
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices