512 Redwood DrMooresvilleIN46158
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 512 Redwood Dr, Mooresville, IN, 46158 at $488,900 posts ROI 18.33% with from $2,722/mo rent. Total monthly income equals $2,722/mo. Return on cash invested measures 18.33% and rental yield reads 6.68% at the current $488,900. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,074 by year five. Five-year ROI prints 94.17% and total cumulative return in cash totals $152,619. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,722/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Huser- Trout • First Focus Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066441