425 Conduitt Dr

Mooresville, IN 46158
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4 bd, 3 ba | 1,929 sqft | Built in 1966

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List Price
$330,000

Initial Investment

$89,925

Purchase Price

$330,000

Down Payment

25%

Rent

$2,510

Total Return

$185,095

Annualized Return

26.0%

Cap Rate

6.6%

Gross Yield

9.1%

Cash Flow

$2,544

Appreciation

8.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

22,128

HOA

None

Flood Risk

Not Required

Welcome to your new home! This charming 4-bedroom, 3-bathroom tri-level residence offers a spacious and functional layout with plenty of room for the entire family. Nestled in the highly desirable Mooresville School District, this property is perfect for those seeking comfort and convenience. Schedule your showing today. :) (Pool will be removed before closing.)

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Paul Linn
Best Life Realty Group
IN Agent License #RB14045492

Annual Financial Highlights

Expected Rent

$28,614

Expenses

-$5,130

Property Taxes

-$3,000

Loan Payments

-$17,941

Net Cash Flow

$2,544

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Erika Denny
Agent License RB23000233
The Stewart Home Group
Certified Agent Brokerage:Paul Linn
Best Life Realty Group
IN Brokerage License RC51900253
SourceMIBOR REALTOR® Association
MLS #22027093
Last Updated: 03/15/2025 12:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.