5818 S Arba PikeUnion 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
Investment property for sale in Union City at 5818 S Arba Pike, Union City, IN, 47390 earns from $1,627/mo rent with a $1,615/mo payment. Total monthly income totals $1,627/mo. ROI tracks 16.03% on current figures, and rental yield reads 5.92% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 81.82% and total cumulative return in cash sums $89,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your personal income.
Single Family
Built in 1860
2 Acres 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: Paul Faddis • Tarter Realty, Auction & Appraisals Co
Mls Name: RLMS
Mls Provider:
Mls ID: #10051853
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.