2305 Hillview 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 2305 Hillview Dr, Manhattan, KS, 66502 priced at $431,100 pairs $3,230/mo rent with $307/mo cash flow after a $2,110/mo payment. Total monthly income equals $3,230/mo, and annual cash flow comes to $3,684/yr on $142,910 invested. Return on cash invested is 22.49% in year one, and rental yield stands at 8.99% on a $431,100 basis. Equity gained on principal adds $2,782/yr, and 5% annual appreciation accumulates to $119,105 by year five. Five-year ROI measures 117.46% and total cumulative return in cash reaches $167,868. For financing, Ziffy Mortgage’s DSCR program evaluates $3,230/mo property income against a $2,110/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.33 Acres 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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