314 W 10th StMankatoMN56001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 314 W 10th St, Mankato, MN, 56001 in Mankato speaks for itself: 10.44% gross on a $219,900 price, generating $1,914/mo in rent and $541/mo in net income after the $989/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,490 stacks alongside $60,754 in projected five-year appreciation and $2,025/yr in principal reduction. Projected total cumulative return: $118,265.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $541 | $350 |
City averages based on Mankato market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $1,286 |
| DSCR Ratio | 1.49x |
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 1949
5,662 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
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 1949
5,662 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