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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
$ 134,900
ROI
25.1
Cash Flow/m
201- 3 Bed
- 2 Bath
- 1566 sft
722 Range St, North Mankato, MN, 56003
$ 549,900
ROI
22.5Cash Flow/m
370- 4 Bed
- 3 Bath
- 3212 sft
2206 Rolling Green Ln, North Mankato, MN, 56003
$ 384,900
ROI
22.1Cash Flow/m
247- 3 Bed
- 2 Bath
- 2476 sft
1458 Lookout Dr, North Mankato, MN, 56003
$ 149,900
ROI
30.9Cash Flow/m
466- 2 Bed
- 1 Bath
- 1030 sft
719 Nicollet 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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