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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Mooresville at 11830 Civic Cir, Mooresville, IN, 46158 uses $81,218 cash to close to unlock $2,838/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,707/mo, and a $1,199/mo payment keeps the spread at $236/mo. Purchase price stands at $245,000, and rental yield measures 8.36% with $1,707/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash records $98,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,707/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46158, Mooresville, IN area.
| 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 |
Residential
9,920
Single Family
9,765
Multi-Family
155
Businesses
679
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Pamela Prough • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062850
