102 Coral LnMooresvilleNC28117
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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
Investment property for sale in Mooresville at 102 Coral Ln, Mooresville, NC, 28117 at $350,000 posts ROI 19.32% with from $2,076/mo rent. Total monthly income equals $2,076/mo. Return on cash invested measures 19.32% and rental yield reads 7.12% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 99.55% and total cumulative return in cash totals $115,502. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28117, Mooresville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,357 (100%) |
| Owner Occupied HU | 14,100 (57.9%) |
| Renter Occupied HU | 7,756 (31.8%) |
| Vacant Housing Units | 2,501 (10.3%) |
| Median Home Value | $594,069 |
| Average Home Value | $756,439 |
Housing Distribution
Address Breakdown
Residential
22,737
Single Family
20,043
Multi-Family
2,694
Businesses
2,416
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Listed by: Glynis Giles • Keller Williams Unified
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4282698