








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 Boonville at 1011 W New Hope Rd, Boonville, IN, 47601 earns $38/mo cash flow from $2,614/mo rent with a $2,080/mo payment. Total monthly income totals $2,614/mo, and annual cash flow totals $458/yr on $140,888 capital. ROI tracks 20.23% on current figures, and rental yield reads 7.38% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash sums $147,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,614/mo property income instead of your personal income.
Single Family
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47601, Boonville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,063 (100%) |
| Owner Occupied HU | 4,644 (76.6%) |
| Renter Occupied HU | 1,004 (16.6%) |
| Vacant Housing Units | 415 ( 6.8%) |
| Median Home Value | $231,570 |
| Average Home Value | $282,098 |
Residential
5,853
Single Family
5,666
Multi-Family
187
Businesses
417
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Sold | $425,000 |
| 2025-02-28 | Pending sale | $425,000 |
| 2025-02-28 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $3826.28 | 43.05% | $386,100 | -1.30% |
| 2023-10-23 | $2674.84 | 21.31% | $391,200 | 41.79% |
| 2022-10-23 | $2205.00 | 1.17% | $275,900 | 25.01% |



Listed by: Terri McCoy • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202421895
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.