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 15+ datapoints.

Manhattan, KS Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

3.2%

Avg Cash on Cash

-8.9%

Median Cashflow

-$939/mo

Avg Rent Estimate

$2,866/mo

Avg Price

$358,787

Price Range

$124,000 - $608,500

Rent to Price

0.8%

okay ratio

Positive Cashflow

13%

of analyzed properties

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

Manhattan, KS is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.2%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 15+ analyzed properties, Manhattan, KS STR investments show a median monthly cashflow of -$939 with an average estimated nightly-rate-adjusted revenue of $2,866/month. These figures reflect real property data, not projections.

8840 Moonbug Ln, Manhattan, KS 66502

Price

$475,000

Rent

$2,398

CachFlow

-$1,874

CoC

-19.1

Full Analysis

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
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Manhattan, KS Airbnb Market Insights

  • Median cashflow is -$939/month — careful deal selection is essential here
  • 3.2% median cap rate is typical of appreciation-focused markets
  • At 13% 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

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