430 Warner Park RdManhattanKS66503
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 430 Warner Park Rd, Manhattan, KS, 66503 in Manhattan earns a 8.86% gross yield at $391,900. Rent of $2,892/mo nets $202/mo after the $1,762/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $108,275 and $3,609/yr in equity accumulation project a total cumulative return of $162,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.8% |
| Monthly Cash Flow | $202 | $850 |
City averages based on Manhattan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,892 |
| Total Monthly Debt Service | $2,534 |
| DSCR Ratio | 1.14x |
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 1999
0.49 Acres lot
$N/A/sqft
$42 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
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 1999
0.49 Acres lot
$N/A/sqft
$42 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices