1020 SE Louis StMulvaneKS67110
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mulvane at 1020 SE Louis St, Mulvane, KS, 67110 priced at $147,200 converts $1,705/mo rent into $726/mo cash flow after a $720/mo obligation. Total monthly income equals $1,705/mo, and annual cash flow totals $8,714/yr on $48,797 invested. Return on cash invested prints 37.77% in year one, and rental yield reads 13.9% against a $147,200 entry. Equity gained on principal adds $950/yr, while 5% annual appreciation compiles into $40,669 by year five. Five-year ROI reaches 199.3% and total cumulative return in cash sums $97,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,705/mo property income covering a $720/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67110, Mulvane, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,432 (100%) |
| Owner Occupied HU | 2,570 (74.9%) |
| Renter Occupied HU | 646 (18.8%) |
| Vacant Housing Units | 216 ( 6.3%) |
| Median Home Value | $212,701 |
| Average Home Value | $246,991 |
Housing Distribution
Address Breakdown
Residential
3,396
Single Family
3,305
Multi-Family
91
Businesses
168
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