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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Boonville, IN
$ 159,900
ROI
25.8
Cash Flow/m
267- 3 Bed
- 1 Bath
- 1107 sft
215 E Chestnut St, Boonville, IN, 47601
$ 289,950
ROI
29.2Cash Flow/m
760- 4 Bed
- 3 Bath
- 1858 sft
1110 Brody Ln, Boonville, IN, 47601
Currently Rented
Rental Income
$ 185,000
ROI
29.3Cash Flow/m
489- 4 Bed
- 3 Bath
- 1792 sft
1301 E Walnut St, Boonville, IN, 47601
Currently Rented
Rental Income
$ 200,000
ROI
22.3Cash Flow/m
141- 4 Bed
- 2 Bath
- 1836 sft
721 S 8th St, Boonville, IN, 47601
Why Invest in Boonville, Indiana?
Investing in properties under $300k in Indiana presents a unique opportunity for investors. With a growing population and increasing job opportunities, the state shows promise for reliable rental yields. The average cash flow can be boosted by favorable cap rates, making it an attractive option for real estate investment.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental price for properties under this price point is around $1,200 per month, making it attractive for both investors and renters.
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