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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

$ 148,000
ROI
23.3
Cash Flow/m
144- 5 Bed
- 2 Bath
- 1405 sft
621 N Commercial St, Mankato, KS, 66956

$ 115,000
ROI
23.2
Cash Flow/m
111- 3 Bed
- 2 Bath
- 1323 sft
213 N East St, Mankato, KS, 66956

$ 134,000
ROI
24.0
Cash Flow/m
158- 4 Bed
- 2 Bath
- 2427 sft
521 N High St, Mankato, KS, 66956

$ 119,000
ROI
29.7
Cash Flow/m
329- 4 Bed
- 2 Bath
- 2272 sft
109 S High 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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