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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 207 Center Dr, Mooresville, IN, 46158 listed at $245,000 pairs $1,914/mo rent with a $1,199/mo payment to leave $443/mo cash flow. Total monthly income runs $1,914/mo, and annual cash flow reaches $5,322/yr on $81,218 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 9.37% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 137.75% and total cumulative return in cash totals $111,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.28 Acres 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: Karri Harbert • RE/MAX At The Crossing
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054905
