1607 N Emerald Valley DrMulvaneKS67110
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1607 N Emerald Valley Dr, Mulvane, KS, 67110 in Mulvane: $2,215/mo in rent, $354/mo in net income, 9.63% gross yield, 1.78 DSCR, all at $275,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $76,251 in appreciation and $2,542/yr in principal paydown projects total cumulative return of $129,616.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $354 | $850 |
City averages based on Mulvane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,215 |
| Total Monthly Debt Service | $1,726 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices