308 Union St, Union Mills, IN 46382

4 bd · 1.5 ba · 1,792 sqft · built 1880 · Union Mills · SINGLE_FAMILY·source listing ↗

$249,900

rent, three ways

OnePercent model (vv1)$2,466/mo

p10–p90 confidence band

HUD Fair Market Rent · 46382 · 4BR$1,760/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

LaPorte

Flood risk indexRelatively Low FEMA NRI

Median household income$95,208

Median area rent—

Median home value$214,400

the verdict

0.99%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$249,900

0.99% · rent $2,466

Intrinsic value · income approach

$319,492

22% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.