1624 Woodcrest DrManhattanKS66502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Manhattan at 1624 Woodcrest Dr, Manhattan, KS, 66502 offers $1,813/mo rent that, after a $1,116/mo payment, leaves $54/mo cash flow. Total monthly income is $1,813/mo, and annual cash flow is $649/yr on $75,582 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 9.54% at a $228,000 entry. Equity gained on principal adds $1,471/yr while 5% annual appreciation compounds into $62,992 by year five. Five-year ROI records 109.49% and total cumulative return in cash reaches $82,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,813/mo property income versus a $1,116/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$242 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66502, Manhattan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,707 (100%) |
| Owner Occupied HU | 7,912 (36.4%) |
| Renter Occupied HU | 11,060 (51.0%) |
| Vacant Housing Units | 2,735 (12.6%) |
| Median Home Value | $233,725 |
| Average Home Value | $253,496 |
Housing Distribution
Address Breakdown
Residential
19,895
Single Family
15,511
Multi-Family
4,384
Businesses
1,625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Blanton • Blanton Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20241847
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.