376 N Grand Oak Dr #MXNO80MooresvilleIN46158
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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 376 N Grand Oak Dr #MXNO80, Mooresville, IN, 46158 earns $702/mo cash flow from $3,274/mo rent with a $2,097/mo payment. Total monthly income totals $3,274/mo, and annual cash flow totals $8,425/yr on $142,048 capital. ROI tracks 25.84% on current figures, and rental yield reads 9.17% at a $428,500 purchase. Equity gained on principal adds $2,765/yr, and 5% annual appreciation supports $118,387 over five years. Five-year ROI reaches 134.43% and total cumulative return in cash sums $190,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,274/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46158, Mooresville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,920
Single Family
9,765
Multi-Family
155
Businesses
679
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Listed by: N/A • N/A
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Mls ID: #N/A