Multi-Family Investment Properties in Manhattan, KS | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Manhattan, KS

Why Invest in Manhattan, Kansas?

Multi-family properties in Manhattan, KS offer strong investment potential driven by steady student demand from Kansas State University. Average rents around $1,250 support solid cash flows with cap rates near 7%. Renter occupancy exceeds 50%, bolstered by a stable local economy. Annual appreciation of 4-5% and rental yields of 6-8% make it attractive for passive income. Low vacancy risks due to consistent workforce and academic population growth.

8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$18500/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.8%
1Y Appreciation

Frequently Asked Questions

High student and military demand ensures over 55% renter occupancy and steady cash flows. Average rents of $1,250 with 7% cap rates provide reliable returns. University growth sustains long-term appreciation around 5%.

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