Real Estate Investing in Mooresville, Indiana (46158)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46158 (Mooresville, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mooresville, IN (46158)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46158 Mooresville
ZIP 46158 inside Morgan County looks affordable on the surface — median value of $320K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $320K asset, 46158 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 46158's metrics run below Morgan County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 46158 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 46158 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Mooresville:
Property Strategy for 46158
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $163,512 | $1,180 | 5.2% | +5.3% | $163,512 |
| 2BR | $238,708 | $1,370 | 4.1% | +7.9% | $119,354 |
| 3BR | $300,264 | $1,770 | 4.2% | +7.8% | $100,088 |
| 4BR | $393,569 | $2,170 | 4.0% | +7.6% | $98,392 |
| 5BR | $499,924 | — | — | +7.1% | $99,985 |
Market Trends
Home Value History (with trend line)
📊 How Does 46158 Compare?
| Metric | 46158 | Mooresville | Indianapolis-Carmel-Anderson, IN | Indiana |
|---|---|---|---|---|
| Home Value | $320,105 | $320,105 | N/A | $248,442 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.7% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46158 (Mooresville, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $320,105 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 46158
Population: 24,622
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 46158
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Brooklyn STEM Academy
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Does Mooresville, IN make sense for an investment property?
With a 3.0/5 investability score, Mooresville, IN ranks as a solid market for rental property investors. Median prices of $320K and rents of $1,233/mo drive the underlying numbers.
How quickly do rentals get leased in Mooresville, IN?
Vacancy risk in Mooresville, IN is elevated. That supports even-keeled cash flow for typical rental holds.
What type of investing works in Mooresville, IN?
A careful cash-flow rentals with hands-on management strategy Mooresville, IN best. The market produces even-keeled results for that approach at the $320K price point.
Does Mooresville, IN favor landlords or tenants?
Mooresville, IN operates under IN law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How strong are rents in Mooresville, IN?
The typical rental in Mooresville, IN commands about $1,233/mo monthly. That rent profile consistent cash flow against the $320K purchase basis.
You know 46158 now. You don’t know where it ranks.
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How 46158 ranks in Indianapolis-Carmel-Anderson, IN
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