429 Tyler AveNorth MankatoMN56003
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 North Mankato at 429 Tyler Ave, North Mankato, MN, 56003 at $169,900 posts ROI 25.97% with $285/mo cash flow from $1,346/mo rent. Total monthly income equals $1,346/mo, and annual cash flow records $3,416/yr on $56,322 to close. Return on cash invested measures 25.97% and rental yield reads 9.51% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 135.47% and total cumulative return in cash totals $76,298.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,346/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,405 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
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Listed by: ZAC MURRA • American Way Realty
Mls Name: RASM
Mls ID: #7038515