Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Union City at 384 Chatham Ct, Union City, IN, 47390 with 5% annual appreciation on a $199,900 basis while $1,597/mo rent supports operations. Total monthly income totals $1,597/mo and a $978/mo payment preserves $397/mo for cash returns. Annual cash flow comes to $4,769/yr on $66,267 deployed, and return on cash invested reaches 27.11% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.59%. Five-year ROI measures 141.25% and total cumulative return in cash totals $93,601.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,597/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47390, Union City, IN area.
| 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 |
Residential
2,226
Single Family
2,093
Multi-Family
133
Businesses
189
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $199,900 |
| 2025-03-20 | Sold | $58,900 |
| 2025-03-18 | Pending sale | $59,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1036.00 | 20.75% | $112,900 | 8.98% |
| 2023-07-01 | $858.00 | 27.11% | $103,600 | 20.75% |
| 2022-07-01 | $675.00 | -6.12% | $85,800 | 27.11% |
Listed by: Miranda Fields • Re/Max Evolve
Mls Name: RLMS
Mls Provider:
Mls ID: #10051396
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
