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REI Lense

Mankato, MN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mankato, MN. Based on 10+ datapoints.

Mankato, MN Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

5.9%

Avg Cash on Cash

-3%

Median Cashflow

-$174/mo

Avg Rent Estimate

$2,098/mo

Avg Price

$286,510

Price Range

$190,400 - $404,500

Rent to Price

0.73%

low ratio

Positive Cashflow

40%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Mankato, MN

Mankato, MN is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.9% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in Mankato, MN is -$174 with average rents of $2,098/month. Properties range from $190,400 to $404,500, offering entry points across multiple investment budgets.

1518 4th Ave, Mankato, MN 56001

Price

$221,000

Rent

$1,849

CachFlow

$52

CoC

1.34

Full Analysis

1211 Carney Ave, Mankato, MN 56001

Price

$308,700

Rent

$2,095

CachFlow

-$325

CoC

-6.02

Full Analysis

3106 Scotch Ln, Mankato, MN 56001

Price

$299,900

Rent

$2,272

CachFlow

$71

CoC

1.35

Full Analysis

212 Glen Ellen Dr, Mankato, MN 56001

Price

$351,400

Rent

$2,229

CachFlow

-$461

CoC

-7.5

Full Analysis

643 Mound Ave, Mankato, MN 56001

Price

$222,500

Rent

$1,974

CachFlow

$75

CoC

1.93

Full Analysis
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Mankato, MN Rental Market Insights

  • Median cashflow is -$174/month — careful deal selection is essential here
  • 5.9% median cap rate reflects a balanced risk-return profile
  • 40% positive cashflow rate means roughly two in five properties are cash-flow positive
  • Moderately priced market with properties from $190,400 to $404,500
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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