517 N High StMankatoKS66956
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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 Mankato at 517 N High St, Mankato, KS, 66956 offers a 9.14% rental yield on a $189,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $925/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,192/yr on $62,654 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 122.23% and total cumulative return in cash at $76,582. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66956, Mankato, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 491 (61.8%) |
| Renter Occupied HU | 153 (19.2%) |
| Vacant Housing Units | 151 (19.0%) |
| Median Home Value | $80,227 |
| Average Home Value | $168,910 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
524
Multi-Family
1
Businesses
80
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