3813 Emerald 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 3813 Emerald Cir, Manhattan, KS, 66503 priced at $260,000 pairs $2,062/mo rent with $332/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,062/mo, and annual cash flow comes to $3,982/yr on $86,190 invested. Return on cash invested is 24.53% in year one, and rental yield stands at 9.52% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 128.22% and total cumulative return in cash reaches $110,513. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
8,297 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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