10261 N Rooker RdMooresvilleIN46158
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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 10261 N Rooker Rd, Mooresville, IN, 46158 uses $104,423 cash to close to unlock $2,098/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,066/mo, and a $1,542/mo payment keeps the spread at $175/mo. Purchase price stands at $315,000, and rental yield measures 7.87% with $2,066/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash records $118,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,066/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46158, Mooresville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,312 (100%) |
| Owner Occupied HU | 8,092 (78.5%) |
| Renter Occupied HU | 1,784 (17.3%) |
| Vacant Housing Units | 436 ( 4.2%) |
| Median Home Value | $264,799 |
| Average Home Value | $297,407 |
Housing Distribution
Address Breakdown
Residential
9,920
Single Family
9,765
Multi-Family
155
Businesses
679
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Listed by: Mark Coffey • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079007