142 N Arcadian WayMooresvilleNC28117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 142 N Arcadian Way, Mooresville, NC, 28117 listed at $338,900 pairs $2,650/mo rent with a $1,659/mo payment to leave $584/mo cash flow. Total monthly income runs $2,650/mo, and annual cash flow reaches $7,012/yr on $112,345 cash to close. Return on cash invested measures 26.15% in year one, and rental yield registers 9.38% at a $338,900 basis. Equity gained on principal adds $2,187/yr, and annual property appreciation at 5% supports $93,632 by year five. Five-year ROI tracks 136.22% and total cumulative return in cash totals $153,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,650/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
0.06 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Huscroft • Chosen Realty of NC LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327818