864 Hunter DrMooresvilleNC28115
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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 864 Hunter Dr, Mooresville, NC, 28115 with 5% annual appreciation on a $565,000 basis while $2,443/mo rent supports operations. 6% in year one. Equity gained on principal adds $3,646/yr, and five-year appreciation sums $156,099 alongside rental yield of 5.19%. Five-year ROI measures 68.87% and total cumulative return in cash totals $128,019. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,443/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28115, Mooresville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,468 (100%) |
| Owner Occupied HU | 13,451 (69.1%) |
| Renter Occupied HU | 4,839 (24.9%) |
| Vacant Housing Units | 1,178 ( 6.1%) |
| Median Home Value | $385,269 |
| Average Home Value | $431,366 |
Housing Distribution
Address Breakdown
Residential
18,482
Single Family
17,911
Multi-Family
571
Businesses
1,313
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Listed by: Becky Boan • Howard Hanna Allen Tate Mooresville/LKN
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314944