REI Lense

REI Lense

Manhattan, KS Short-Term Rental / Airbnb Analysis

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

Manhattan, KS Short-Term Rental / Airbnb Investment Snapshot

Based on 10+ short-term rental / airbnb datapoints

Median Cap Rate

3.4%

Avg Cash on Cash

-8.2%

Median Cashflow

-$874/mo

Avg Rent Estimate

$2,900/mo

Avg Price

$302,600

Price Range

$167,000 - $391,000

Rent to Price

0.96%

okay ratio

Positive Cashflow

14%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Manhattan, KS

Manhattan, KS is an emerging short-term rental market with growing investor interest. With 10+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at -8.2%.

Across 10+ analyzed properties, Manhattan, KS STR investments show a median monthly cashflow of -$874 with an average estimated nightly-rate-adjusted revenue of $2,900/month. These figures reflect real property data, not projections.

419 Northfield Rd, Manhattan, KS 66502

Price

$295,000

Rent

$2,148

CachFlow

-$940

CoC

-13.12

Full Analysis

2620 Brook Cir, Manhattan, KS 66502

Price

$285,000

Rent

$2,182

CachFlow

-$782

CoC

-12.05

Full Analysis

1217 Yuma St, Manhattan, KS 66502

Price

$175,000

Rent

$2,622

CachFlow

$212

CoC

4.65

Full Analysis

809 Gillespie Dr, Manhattan, KS 66502

Price

$330,000

Rent

$4,122

CachFlow

-$32

CoC

-0.41

Full Analysis

226 S Delaware Ave, Manhattan, KS 66502

Price

$573,300

Rent

$4,145

CachFlow

-$1,702

CoC

-14.14

Full Analysis
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Manhattan, KS Airbnb Market Insights

  • Median cashflow is -$874/month — careful deal selection is essential here
  • 3.4% median cap rate is typical of appreciation-focused markets
  • At 14% positive cashflow rate, Manhattan, KS requires selective property picks
  • Moderately priced market with properties from $167,000 to $391,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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