5909 N Lincoln StUniondaleIN46791
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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 Uniondale at 5909 N Lincoln St, Uniondale, IN, 46791 uses $39,747 cash to close to unlock $2,761/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $950/mo, and a $587/mo payment keeps the spread at $230/mo. Purchase price stands at $119,900, and rental yield measures 9.51% with $950/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 139.97% and total cumulative return in cash records $55,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $950/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46791, Uniondale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 374 (100%) |
| Owner Occupied HU | 319 (85.3%) |
| Renter Occupied HU | 37 ( 9.9%) |
| Vacant Housing Units | 18 ( 4.8%) |
| Median Home Value | $267,628 |
| Average Home Value | $344,773 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
257
Multi-Family
1
Businesses
17
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