








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


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 shown for ZIP Code: 47390, Union City, IN area.
| 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 |
Residential
2,226
Single Family
2,093
Multi-Family
133
Businesses
189
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $124,900 |
| 2025-06-20 | Listing removed | $115,000 |
| 2025-06-12 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $832.00 | 3.23% | $41,600 | N/A |
| 2023-06-27 | $806.00 | 28.34% | $41,600 | 3.23% |
| 2022-06-27 | $628.00 | -4.85% | $40,300 | 28.34% |



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.