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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Manhattan, KS

$ 220,000
ROI
24.0
Cash Flow/m
262- 3 Bed
- 2 Bath
- 1250 sft
514 Stone Pointe Dr, Manhattan, KS, 66503

$ 185,000
ROI
22.7
Cash Flow/m
150- 2 Bed
- 2 Bath
- 1036 sft
509 Grainfield St, Manhattan, KS, 66502

$ 232,000
ROI
28.7
Cash Flow/m
575- 2 Bed
- 3 Bath
- 1300 sft
5715 Goheen Dr, Manhattan, KS, 66503

$ 235,000
ROI
21.5
Cash Flow/m
112- 3 Bed
- 2 Bath
- 1729 sft
508 Stonemont Dr, Manhattan, KS, 66503
Why Invest in Manhattan, Kansas?
Townhouses in Manhattan, KS offer strong investment potential for rental income and appreciation. Average rents around $1,250 support solid cash flow in this college town. With 5%+ annual appreciation and low vacancy due to student demand, cap rates hover at 6-7%. Stable job growth from Kansas State University drives consistent occupancy. Low entry prices relative to new builds make townhouses accessible for investors.
8.5%
Avg. ROI
5.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses benefit from high student demand near Kansas State University, yielding 5-6% returns. Low vacancy and steady appreciation make them reliable. Focus on properties near campus for best occupancy.
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