7022 W Us Highway 6Union MillsIN46382
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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 Mills at 7022 W Us Highway 6, Union Mills, IN, 46382 earns from $2,102/mo rent with a $1,859/mo payment. Total monthly income totals $2,102/mo. ROI tracks 18.21% on current figures, and rental yield reads 6.64% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 93.5% and total cumulative return in cash sums $117,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,102/mo property income instead of your personal income.
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46382, Union Mills, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 835 (100%) |
| Owner Occupied HU | 717 (85.9%) |
| Renter Occupied HU | 93 (11.1%) |
| Vacant Housing Units | 25 ( 3.0%) |
| Median Home Value | $284,633 |
| Average Home Value | $328,867 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
24
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Listed by: Jeffrey Safrin • F.C. Tucker 1st Team Real Esta
Mls Name: NIRA
Mls ID: #832863