








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Mooreland at 109 W Charles St, Mooreland, IN, 47360 offers a 9.59% rental yield on a $130,000 purchase with $1,039/mo rent. Total monthly income registers $1,039/mo, and a $636/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,107/yr on $43,095 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 141.24% and total cumulative return in cash at $60,867. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,039/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47360, Mooreland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 649 (100%) |
| Owner Occupied HU | 524 (80.7%) |
| Renter Occupied HU | 67 (10.3%) |
| Vacant Housing Units | 58 ( 8.9%) |
| Median Home Value | $206,061 |
| Average Home Value | $233,344 |
Residential
467
Single Family
467
Multi-Family
0
Businesses
15
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $130,000 |
| 2017-03-27 | Listing removed | $39,900 |
| 2016-10-27 | Price change | $39,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | N/A | N/A | $55,900 | 11.35% |
| 2023-04-06 | N/A | N/A | $50,200 | -5.10% |
| 2022-04-06 | N/A | N/A | $52,900 | 4.75% |



Listed by: Gabi Sorrell • RE/MAX First Integrity
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511215
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.