Condo Investment Properties for Sale in Manhattan, KS
$ 195,500
ROI
26.6
Cash Flow/m
371- 2 Bed
- 2 Bath
- 1620 sft
411 Timberwick Pl, Manhattan, KS, 66503
$ 215,000
ROI
21.7Cash Flow/m
114- 3 Bed
- 2 Bath
- 1156 sft
2424 Walden Ln, Manhattan, KS, 66502
$ 220,000
ROI
22.0Cash Flow/m
140- 2 Bed
- 3 Bath
- 1189 sft
2400 Walden Ln, Manhattan, KS, 66502
$ 249,950
ROI
29.7Cash Flow/m
693- 5 Bed
- 2 Bath
- 2018 sft
925 Connecticut Ave, Manhattan, KS, 66502
Why Invest in Manhattan, Kansas?
Manhattan, KS condo investments offer stable returns in a university-driven market with consistent rental demand. Average rents around $1,250 support solid cash flow, while 5%+ annual appreciation boosts long-term value. Cap rates hover at 6-7% amid low vacancy from student renters. Economic growth from major employers enhances tenant stability. Property taxes at 1.3% keep holding costs manageable for investors.
8.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yes, proximity to Kansas State University ensures high demand and low vacancy for condos. Average rents of $1,250 yield strong cash flow. Investors benefit from stable, year-round occupancy.
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