208 Kopp DrManhattanKS66502
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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 208 Kopp Dr, Manhattan, KS, 66502 offers $1,871/mo rent that, after a $1,136/mo payment, leaves $309/mo cash flow. Total monthly income is $1,871/mo, and annual cash flow is $3,709/yr on $76,908 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 9.68% at a $232,000 entry. Equity gained on principal adds $1,497/yr while 5% annual appreciation compounds into $64,097 by year five. Five-year ROI records 129.46% and total cumulative return in cash reaches $99,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,871/mo property income versus a $1,136/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,725 sqft lot
$N/A/sqft
No 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
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Listed by: Tammy Goodson • Christian & Associates Real Estate LLC
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251198
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.