601 Faith Rd, Mooresville, NC 28115

3 bd · 1 ba · 1,263 sqft · built 1962 · Mooresville · SINGLE_FAMILY·source listing ↗

$185,000

rent, three ways

OnePercent model (vv1)$1,777/mo

p10–p90 confidence band

HUD Fair Market Rent · 28115 · 3BR

$1,850/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Iredell

Flood risk indexRelatively Moderate FEMA NRI

Median household income$87,787

Median area rent$1,339/mo

Median home value$360,100

the verdict

0.96%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$185,000

0.96% · rent $1,777

Intrinsic value · income approach

$325,015

43% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.