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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Manhattan, KS
Listed for sale 1 day ago
$ 309,000
ROI
21.5
Cash Flow/m
154- 2 Bed
- 2 Bath
- 915 sft
1700 N Manhattan Ave #307, Manhattan, KS, 66502
Rental Income
$ 215,000
ROI
26.0Cash Flow/m
375- 3 Bed
- 2 Bath
- 1560 sft
1312 Christy Dr, Manhattan, KS, 66503
Rental Income
$ 215,000
ROI
26.0Cash Flow/m
375- 3 Bed
- 2 Bath
- 1412 sft
1216 Newfoundland Dr, Manhattan, KS, 66503
$ 299,000
ROI
23.6Cash Flow/m
318- 4 Bed
- 2 Bath
- 1583 sft
4642 Pierce Dr, 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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