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

Under $300K Investment Properties for Sale in Manhattan, KS

Why Invest in Manhattan, Kansas?

Manhattan, Kansas offers affordable entry points for real estate investors seeking properties under $300,000, with strong rental demand driven by Kansas State University's 20,000+ student population. The market features competitive cap rates and steady appreciation, supported by a diversified economy anchored by education, healthcare, and light manufacturing. Properties in this price range typically generate solid cash flow while maintaining lower acquisition costs compared to national averages. The university's consistent enrollment and local employment base provide reliable tenant demand for both single-family and multi-unit investments.

7.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

Properties in this price range typically generate monthly rents between $1,000-$1,300, depending on property type, condition, and location. Single-family homes and duplexes targeting students or young professionals tend to command higher rents due to consistent demand from Kansas State University.

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