7759 N Lakeview DrUnionvilleIN47468
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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 Unionville at 7759 N Lakeview Dr, Unionville, IN, 47468 uses $115,694 cash to close to unlock $5,054/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,516/mo, and a $1,708/mo payment keeps the spread at $421/mo. Purchase price stands at $349,000, and rental yield measures 8.65% with $2,516/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash records $145,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,516/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47468, Unionville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 874 (100%) |
| Owner Occupied HU | 498 (57.0%) |
| Renter Occupied HU | 52 ( 5.9%) |
| Vacant Housing Units | 324 (37.1%) |
| Median Home Value | $282,143 |
| Average Home Value | $357,505 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
31
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Listed by: Margie Eberle-Polley • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071705