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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

3.4%

Avg Cash on Cash

-15.5%

Median Cashflow

-$866/mo

Avg Rent Estimate

$1,968/mo

Avg Price

$393,425

Price Range

$233,200 - $630,000

Rent to Price

0.5%

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 3.4%, 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 -$866 with average rents of $1,968/month. Properties range from $233,200 to $630,000, offering entry points across multiple investment budgets.

3842 Fox Ridge Dr, Manhattan, KS 66502

Price

$315,000

Rent

$1,970

CachFlow

-$519

CoC

-9.41

Full Analysis

5707 Saddle Rock Rd, Manhattan, KS 66503

Price

$538,800

Rent

$1,702

CachFlow

-$2,044

CoC

-21.68

Full Analysis

2808 Tobacco Rd, Manhattan, KS 66503

Price

$410,700

Rent

$2,148

CachFlow

-$1,466

CoC

-20.4

Full Analysis

5028 Shadowridge Dr, Manhattan, KS 66503

Price

$342,300

Rent

$2,345

CachFlow

-$857

CoC

-14.31

Full Analysis

1708 Browning Ave, Manhattan, KS 66502

Price

$248,600

Rent

$1,621

CachFlow

-$462

CoC

-10.62

Full Analysis
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Manhattan, KS Rental Market Insights

  • Median cashflow is -$866/month — careful deal selection is essential here
  • 3.4% 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 $233,200 to $630,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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