8899 E Southshore 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 8899 E Southshore Dr, Unionville, IN, 47468 with 5% annual appreciation on a $399,000 basis while $1,387/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 4.17%. Five-year ROI measures 53.56% and total cumulative return in cash totals $70,838. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,387/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.74 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: Cortney Walcott • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513480
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.