156 Ventor 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
Rental property for sale in Mooresville at 156 Ventor Way, Mooresville, NC, 28117 priced at $538,500 pairs $3,360/mo rent with $78/mo cash flow after a $2,636/mo payment. Total monthly income equals $3,360/mo, and annual cash flow comes to $934/yr on $177,167 invested. Return on cash invested is 20.59% in year one, and rental yield stands at 7.49% on a $538,500 basis. Equity gained on principal adds $3,475/yr, and 5% annual appreciation accumulates to $148,778 by year five. Five-year ROI measures 106.32% and total cumulative return in cash reaches $188,363. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $2,636/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A