27 Prairie CtNorth 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 27 Prairie Ct, North Mankato, MN, 56003 earns from $4,076/mo rent with a $3,327/mo payment. Total monthly income totals $4,076/mo. ROI tracks 19.15% on current figures, and rental yield reads 7.2% at a $679,800 purchase. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,816 over five years. Five-year ROI reaches 98.85% and total cumulative return in cash sums $221,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,076/mo property income instead of your personal income.
Single Family
Built in 2019
0.29 Acres 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: Candee Deichman • Century 21 Atwood
Mls Name: RASM
Mls ID: #7039155