621 N Commercial StMankatoKS66956
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.15% yield at 621 N Commercial St, Mankato, KS, 66956 in Mankato is solid, but the $666/mo payment compresses net cash flow to $144/mo at $148,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $40,890 by year five, and $1,363/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.70) without U.S. income documentation. Total projected return: $65,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $144 | $350 |
City averages based on Mankato market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,129 |
| Total Monthly Debt Service | $926 |
| DSCR Ratio | 1.22x |
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 1900
0.32 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
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 1900
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices