2846 Oregon LnManhattanKS66502
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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 2846 Oregon Ln, Manhattan, KS, 66502 offers $1,843/mo rent that, after a $1,755/mo payment. Total monthly income is $1,843/mo. Return on cash invested measures 14.36% in year one, and rental yield stands at 6.17% at a $358,500 entry. Equity gained on principal adds $2,313/yr while 5% annual appreciation compounds into $99,047 by year five. Five-year ROI records 73.74% and total cumulative return in cash reaches $87,630. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,843/mo property income versus a $1,755/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.25 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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