724 N Locust 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 724 N Locust St, Mankato, KS, 66956 earns from $0/mo rent with a $794/mo payment. Total monthly income totals $0/mo. ROI tracks -4.18% on current figures, and rental yield reads 0% at a $162,200 purchase. Equity gained on principal adds $1,047/yr, and 5% annual appreciation supports $44,813 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A 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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