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

$ 269,900
ROI
21.3
Cash Flow/m
114- 2 Bed
- 2 Bath
- 872 sft
3113 Scotch Ln, Mankato, MN, 56001

$ 269,900
ROI
25.5
Cash Flow/m
430- 2 Bed
- 2 Bath
- 872 sft
3111 Scotch Ln, Mankato, MN, 56001

$ 269,900
ROI
26.8
Cash Flow/m
531- 2 Bed
- 2 Bath
- 872 sft
3109 Scotch Ln, Mankato, MN, 56001

$ 349,900
ROI
22.1
Cash Flow/m
226- 3 Bed
- 2 Bath
- 1656 sft
136 Quail Path, Mankato, MN, 56001
Why Invest in Mankato, Minnesota?
Investing in condos in Mankato, MN offers a stable opportunity with an average ROI of 6.5% and a rental yield of 7.0%. This market features solid appreciation rates around 3.0% annually and cap rates averaging 5.5%. The average monthly rent sits near $1,200, supporting good cash flow for investors. Mankato's renter-occupied rate of 45% reflects strong demand for rental condos in this vibrant city.
6.5%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for condo investments in Mankato is approximately 6.5%, supported by solid rental yields and appreciation trends.
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