4 SE Louis DrMulvaneKS67110
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4 SE Louis Dr, Mulvane, KS, 67110 in Mulvane hard to pass up. The 11.9% gross yield on a $225,000 purchase results in $2,232/mo in rent and $735/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.21). Annual cash flow of $8,821, five-year appreciation of $62,163, and $2,072/yr in equity build-up combine for a projected total cumulative return of $133,092.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.0% |
| Monthly Cash Flow | $735 | $850 |
City averages based on Mulvane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,232 |
| Total Monthly Debt Service | $1,407 |
| DSCR Ratio | 1.59x |
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 1962
0.50 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
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 1962
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices