8899 E Southshore DrUnionvilleIN47468
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 8899 E Southshore Dr, Unionville, IN, 47468 in Unionville at $214,500 earns $1,321/mo in rent and nets $34/mo after the $965/mo payment, a 7.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,262 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $1,976/yr in principal paydown, total projected return reaches $83,324.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $34 | $300 |
City averages based on Unionville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,321 |
| Total Monthly Debt Service | $1,202 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1978
0.41 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
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
Apartment
Built in 1978
0.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A