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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mankato, KS

Listed for sale 6 days ago
$ 174,000
ROI
23.9
Cash Flow/m
201- 4 Bed
- 2 Bath
- 2682 sft
313 E Jefferson St, Mankato, KS, 66956

$ 219,000
ROI
20.6
Cash Flow/m
49- 3 Bed
- 3 Bath
- 1586 sft
225 W Webster St, Mankato, KS, 66956

$ 120,000
ROI
25.6
Cash Flow/m
196- 3 Bed
- 2 Bath
- 1248 sft
224 E Jefferson St, Mankato, KS, 66956

$ 100,000
ROI
31.7
Cash Flow/m
332- 4 Bed
- 1 Bath
- 1352 sft
202 E Spencer St, Mankato, KS, 66956
Why Invest in Mankato, Kansas?
Investing in properties under $500k in Mankato, KS offers a unique opportunity to tap into a stable market with steady appreciation. This filter highlights affordable housing investments with a solid average rental yield of 7.2% and a cap rate of 6.5%. Local rental markets show strong demand with renter-occupied rates around 55%, providing consistent cash flow near $350 monthly. Mankato's modest appreciation rate of 3.2% aligns well with a conservative, long-term investment strategy.
7.8%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Mankato usually include single-family homes and small multifamily units, ideal for investors seeking affordable entry points.
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