3101 Scotch LnMankatoMN56001
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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
Rental property for sale in Mankato at 3101 Scotch Ln, Mankato, MN, 56001 generates $1,454/mo in rent, after a $1,321/mo payment. Total monthly income is $1,454/mo. Return on cash invested sits at 16.81% in year one, and rental yield is 6.46% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 86.29% and total cumulative return in cash sums $77,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,454/mo property income rather than buyer’s personal income.
Condo
Built in 2025
0.29 Acres 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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Listed by: Samantha Kaul • Century 21 Atwood
Mls Name: RASM
Mls Provider:
Mls ID: #7038088
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-10-17 21:31:26 PDT