Under $200K Investment Properties for Sale in Mankato, MN
$ 180,000
ROI
24.7
Cash Flow/m
249- 3 Bed
- 2 Bath
- 2366 sft
1526 N 4th St, Mankato, MN, 56001
$ 194,900
ROI
24.8Cash Flow/m
274- 2 Bed
- 2 Bath
- 1056 sft
103 Raven Ct, Mankato, MN, 56001
$ 199,900
ROI
31.2Cash Flow/m
635- 2 Bed
- 1 Bath
- 1473 sft
401 Belle Ave, Mankato, MN, 56001
Fix & Flip
$ 199,900
ROI
30.4Cash Flow/m
591- 3 Bed
- 1 Bath
- 2112 sft
737 Gwyn Dr, Mankato, MN, 56001
Why Invest in Mankato, Minnesota?
Investing in Mankato, MN properties under $200k offers a great opportunity for affordable entry into a growing market. The city boasts an average cap rate of 7.5% and rental yields near 8%, making it attractive for rental income. Steady average cash flow and an appreciation rate of 3% support long-term wealth building. With a renter-occupied rate of 40%, demand for rental housing remains strong in this vibrant community.
8%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Mankato is approximately 7.8%, making it an attractive market for rental income investors.
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