2514 Candle Crest CirManhattanKS66503
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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 2514 Candle Crest Cir, Manhattan, KS, 66503 generates $920/mo in rent, after a $578/mo payment. Total monthly income is $920/mo. Return on cash invested sits at 17.58% in year one, and rental yield is 9.36% on a $118,000 entry. Equity gained on principal adds $761/yr, while 5% annual appreciation builds toward $32,601 over five years. Five-year ROI reaches 93.45% and total cumulative return in cash sums $36,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $920/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
1,306 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66503, Manhattan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,914 (100%) |
| Owner Occupied HU | 4,441 (56.1%) |
| Renter Occupied HU | 2,630 (33.2%) |
| Vacant Housing Units | 843 (10.7%) |
| Median Home Value | $343,238 |
| Average Home Value | $385,645 |
Housing Distribution
Address Breakdown
Residential
7,677
Single Family
6,970
Multi-Family
707
Businesses
292
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