Condo Investment Properties for Sale in North Mankato, MN
116- 2 Bed
- 2 Bath
- 1312 sft
505- 3 Bed
- 3 Bath
- 1628 sft
128- 4 Bed
- 1 Bath
- 1206 sft
- 2 Bed
- 1 Bath
- 905 sft
149- - Bed
- - Bath
- - sft
-- - Bed
- - Bath
- 3264 sft
- 1 Bed
- 1 Bath
- 680 sft
173- 2 Bed
- 2 Bath
- 832 sft
- 1 Bed
- 1 Bath
- 637 sft
178- 1 Bed
- 1 Bath
- 952 sft
139- 2 Bed
- 1 Bath
- 792 sft
- 2 Bed
- 2 Bath
- 1121 sft
154- 1 Bed
- 1 Bath
- 672 sft
142- 3 Bed
- 2 Bath
- 1239 sft
154- 2 Bed
- 2 Bath
- 1560 sft
161- 2 Bed
- 1 Bath
- 1524 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
- 1 Bed
- 1 Bath
- 735 sft
174- 3 Bed
- 1 Bath
- 2502 sft
Why Invest in North Mankato, Minnesota?
Investing in condos in North Mankato, MN offers a unique opportunity to tap into a stable rental market with steady appreciation. The area features solid avg ROI around 6.5% and rental yields of approximately 7%, appealing to investors seeking consistent cash flow. Cap rates of roughly 5.2% reflect a healthy balance of investment risk and reward. Average rents near $950 support average monthly cash flows exceeding $250, backed by a local renter-occupied rate of 45%. This blend of income potential and growth makes North Mankato condos attractive for portfolio diversification.
Frequently Asked Questions
The average rental yield for condos in North Mankato is approximately 7%, reflecting solid monthly cash flow and property appreciation potential.
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