3703 Concord 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
Total monthly income runs $1,819/mo, and a $1,395/mo payment. Purchase price stands at $285,000, and rental yield measures 7.66% with $1,819/mo rent. Return on cash invested shows 18.93% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 98.2% and total cumulative return in cash records $92,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,819/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1983
8,276 sqft lot
$N/A/sqft
No 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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