827 W Elm 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 827 W Elm St, Union City, IN, 47390 uses $41,404 cash to close to unlock $3,727/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,060/mo, and a $611/mo payment keeps the spread at $311/mo. Purchase price stands at $124,900, and rental yield measures 10.18% with $1,060/mo rent. Return on cash invested shows 28.91% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 150.88% and total cumulative return in cash records $62,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1911
5,227 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: Paul Faddis • Tarter Realty, Auction & Appraisals Co
Mls Name: RLMS
Mls Provider:
Mls ID: #10051371
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.