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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 1 day ago
$ 448,800
ROI
22.2
Cash Flow/m
310- 5 Bed
- 4 Bath
- 3672 sft
2153 Peregrine Ln, North Mankato, MN, 56003

Listed for sale 2 days ago
$ 359,900
ROI
24.8
Cash Flow/m
505- 6 Bed
- 3 Bath
- 2984 sft
1813 Marie Ln, North Mankato, MN, 56003

$ 425,000
ROI
24.4
Cash Flow/m
550- 4 Bed
- 3 Bath
- 3364 sft
487 Marvin Blvd, North Mankato, MN, 56003

$ 320,000
ROI
23.7
Cash Flow/m
350- 4 Bed
- 2 Bath
- 2398 sft
333 Page Ave, 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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