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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in North Mankato, MN
Listed for sale 3 days ago
$ 249,900
ROI
33.0
Cash Flow/m
922- 4 Bed
- 2 Bath
- 2263 sft
531 Range St, North Mankato, MN, 56003
Listed for sale 4 days ago
$ 140,000
ROI
25.3Cash Flow/m
217- 4 Bed
- 2 Bath
- 2079 sft
2147 Celtic Ct, North Mankato, MN, 56003
Fix & Flip
$ 229,900
ROI
32.0Cash Flow/m
782- 3 Bed
- 2 Bath
- 1476 sft
11 Restless Ct, North Mankato, MN, 56003
$ 579,900
ROI
22.7Cash Flow/m
417- 5 Bed
- 4 Bath
- 3376 sft
1929 Lexington Ln, North Mankato, MN, 56003
Why Invest in North Mankato, Minnesota?
Investing in high rental yield properties in North Mankato, MN offers a promising opportunity for real estate investors. This area features an attractive average rental yield of 8.2%, coupled with a cap rate of 7.5%, highlighting strong income potential. Average cash flow remains stable, supported by consistent renter occupancy rates near 92%. Appreciation rates are moderate, around 3.5%, providing balanced growth and income. With average rents at approximately $900, North Mankato continues to appeal to diverse tenant demographics.
9%
Avg. ROI
8.2%
Rental Yield
7.5%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in North Mankato is approximately 8.2%, making it an attractive market for rental property investors.
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