9971 Jasmine DrManhattanKS66502
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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
Investment property for sale in Manhattan at 9971 Jasmine Dr, Manhattan, KS, 66502 uses $128,589 cash to close to unlock $485/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $1,899/mo payment keeps the spread at $40/mo. Purchase price stands at $387,900, and rental yield measures 8.74% with $2,825/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $107,170 over five years. Five-year ROI reaches 106.18% and total cumulative return in cash records $136,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $1,899/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
$840 annually 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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Listed by: Patty Boomer • Legacy Realty of Kansas
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251766
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.