214 S 8th StManhattanKS66502
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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
Investment property for sale in Manhattan at 214 S 8th St, Manhattan, KS, 66502 listed at $230,400 pairs $2,755/mo rent with a $1,128/mo payment to leave $1,205/mo cash flow. Total monthly income runs $2,755/mo, and annual cash flow reaches $14,462/yr on $76,378 cash to close. Return on cash invested measures 38.84% in year one, and rental yield registers 14.35% at a $230,400 basis. Equity gained on principal adds $1,487/yr, and annual property appreciation at 5% supports $63,655 by year five. Five-year ROI tracks 205.13% and total cumulative return in cash totals $156,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,755/mo property income relative to a $1,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
7,405 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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