308 Harvey CirManhattanKS66502
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 308 Harvey Cir, Manhattan, KS, 66502 in Manhattan speaks for itself: 10.95% gross on a $224,900 price, generating $2,052/mo in rent and $536/mo in net income after the $1,011/mo debt service. DSCR 2.03, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,435 stacks alongside $62,136 in projected five-year appreciation and $2,071/yr in principal reduction. Projected total cumulative return: $120,399.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.8% |
| Monthly Cash Flow | $536 | $850 |
City averages based on Manhattan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,052 |
| Total Monthly Debt Service | $1,426 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1976
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Powers • EXP Realty, LLC
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250552
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.