207 Allen DrUnion CityIN47390
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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
Rental property for sale in Union City at 207 Allen Dr, Union City, IN, 47390 priced at $212,000 pairs $1,775/mo rent with $502/mo cash flow after a $1,038/mo payment. Total monthly income equals $1,775/mo, and annual cash flow comes to $6,024/yr on $70,278 invested. Return on cash invested is 28.48% in year one, and rental yield stands at 10.05% on a $212,000 basis. Equity gained on principal adds $1,368/yr, and 5% annual appreciation accumulates to $58,572 by year five. Five-year ROI measures 148.63% and total cumulative return in cash reaches $104,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,775/mo property income against a $1,038/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47390, Union City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,421 (59.0%) |
| Renter Occupied HU | 683 (28.4%) |
| Vacant Housing Units | 303 (12.6%) |
| Median Home Value | $103,399 |
| Average Home Value | $160,151 |
Housing Distribution
Address Breakdown
Residential
2,226
Single Family
2,093
Multi-Family
133
Businesses
189
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Listed by: Robert Wisner • Leis Realty Company
Mls Name: RLMS
Mls ID: #10051744