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REI Lense

Manhattan, KS Long-Term Rental Analysis

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

Manhattan, KS Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.5%

Avg Cash on Cash

-14.4%

Median Cashflow

-$669/mo

Avg Rent Estimate

$1,790/mo

Avg Price

$367,200

Price Range

$124,000 - $635,000

Rent to Price

0.49%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Manhattan, KS

Manhattan, KS is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Manhattan, KS is -$669 with average rents of $1,790/month. Properties range from $124,000 to $635,000, offering entry points across multiple investment budgets.

419 Northfield Rd, Manhattan, KS 66502

Price

$295,000

Rent

$1,750

CachFlow

-$763

CoC

-14.78

Full Analysis

2620 Brook Cir, Manhattan, KS 66502

Price

$285,000

Rent

$1,690

CachFlow

-$665

CoC

-13.33

Full Analysis

1217 Yuma St, Manhattan, KS 66502

Price

$175,000

Rent

$1,380

CachFlow

-$130

CoC

-4.24

Full Analysis

809 Gillespie Dr, Manhattan, KS 66502

Price

$330,000

Rent

$2,100

CachFlow

-$622

CoC

-10.77

Full Analysis

226 S Delaware Ave, Manhattan, KS 66502

Price

$573,300

Rent

$1,770

CachFlow

-$2,546

CoC

-25.38

Full Analysis
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Manhattan, KS Rental Market Insights

  • Median cashflow is -$669/month — careful deal selection is essential here
  • 3.5% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Manhattan, KS requires selective property picks
  • Mid-to-upper tier market with properties from $124,000 to $635,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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