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 20+ datapoints.
Manhattan, KS Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-13.5%
Median Cashflow
-$667/mo
Avg Rent Estimate
$1,779/mo
Avg Price
$346,720
Price Range
$124,000 - $608,500
Rent to Price
0.51%
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 3.7%, 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 20+ analyzed properties, the median monthly cashflow in Manhattan, KS is -$667 with average rents of $1,779/month. Properties range from $124,000 to $608,500, offering entry points across multiple investment budgets.
2700 Saint Michael Cir, Manhattan, KS 66502
Price
$514,300
Rent
$2,302
CachFlow
-$1,642
CoC
-18.24
Manhattan, KS Rental Market Insights
- •Median cashflow is -$667/month — careful deal selection is essential here
- •3.7% 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 $608,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs