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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

4%

Avg Cash on Cash

-12.4%

Median Cashflow

-$643/mo

Avg Rent Estimate

$1,915/mo

Avg Price

$329,764

Price Range

$199,000 - $514,300

Rent to Price

0.58%

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 4%, 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 -$643 with average rents of $1,915/month. Properties range from $199,000 to $514,300, offering entry points across multiple investment budgets.

4377 Glen View Dr, Manhattan, KS 66502

Price

$340,000

Rent

$2,278

CachFlow

-$695

CoC

-11.68

Full Analysis

3031 Sunnyside Dr, Manhattan, KS 66502

Price

$345,900

Rent

$1,913

CachFlow

-$831

CoC

-13.73

Full Analysis

4921 Plumthicket Dr, Manhattan, KS 66503

Price

$339,200

Rent

$2,228

CachFlow

-$875

CoC

-14.74

Full Analysis

4205 Caitlin Dr, Manhattan, KS 66502

Price

$357,700

Rent

$2,058

CachFlow

-$738

CoC

-11.79

Full Analysis

2904 Wayne Dr, Manhattan, KS 66502

Price

$297,000

Rent

$1,815

CachFlow

-$643

CoC

-12.37

Full Analysis
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Manhattan, KS Rental Market Insights

  • Median cashflow is -$643/month — careful deal selection is essential here
  • 4% 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 $199,000 to $514,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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