507 N Howard StUnion CityIN47390
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Union City at 507 N Howard St, Union City, IN, 47390 earns $651/mo cash flow from $2,086/mo rent with a $1,170/mo payment. Total monthly income totals $2,086/mo, and annual cash flow totals $7,813/yr on $79,229 capital. ROI tracks 29.77% on current figures, and rental yield reads 10.47% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 155.55% and total cumulative return in cash sums $123,240. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,086/mo property income instead of your personal income.
Single Family
Built in 1900
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Friend • Tarter Realty, Auction & Appraisals Co
Mls Name: RLMS
Mls ID: #10051131