106 E Indiana StMooresvilleIN46158
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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 106 E Indiana St, Mooresville, IN, 46158 with 5% annual appreciation on a $249,500 basis while $1,914/mo rent supports operations. Total monthly income totals $1,914/mo and a $1,221/mo payment preserves $416/mo for cash returns. Annual cash flow comes to $4,998/yr on $82,709 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 9.21%. Five-year ROI measures 135.01% and total cumulative return in cash totals $111,669.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
8,712 sqft 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: Carie Barkwell • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054955