2433 Buttonwood 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
Investment property for sale in Manhattan at 2433 Buttonwood Dr, Manhattan, KS, 66502 offers a 8.95% rental yield on a $205,000 purchase with $1,529/mo rent. Total monthly income registers $1,529/mo, and a $1,003/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $366/yr on $67,958 to close, and return on cash invested stands at 20.45% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 107.25% and total cumulative return in cash at $72,882. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
$135 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
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Listed by: Kim Strawn • ERA High Pointe Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251546
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.