1066 Squaw Creek Rd, Boonville, IN, 47601 | $239/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1066 Squaw Creek Rd, Boonville, IN, 47601 | $239/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boonville at 1066 Squaw Creek Rd, Boonville, IN, 47601 listed at $250,000 pairs $1,740/mo rent with a $1,224/mo payment to leave $239/mo cash flow. Total monthly income runs $1,740/mo, and annual cash flow reaches $2,867/yr on $82,875 cash to close. Return on cash invested measures 23.37% in year one, and rental yield registers 8.35% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 121.15% and total cumulative return in cash totals $100,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1998

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Amish Built, One Owner Home on Half an Acre with Garage & RV Carport. Welcome to 1066 Squaw Creek in Boonville, Indiana! This one owner home has been lovingly maintained and reflects timeless quality. Inside, youll find custom Amish cabinets and thoughtful construction designed for comfort and durability. The home is equipped with a whole home water filtration system and sits on a reliable mound septic system. Outside, the property spans 0.50 acres, offering space to relax, garden, or expand. For those needing storage and parking, youll love the 2.5 car detached garage along with a bolted down RV carport, perfect for large vehicles, campers, or extra equipment. Nestled in a quiet setting yet close to town amenities, schools, and main roads, this property combines function, craftsmanship, and care ready for its next owner! Families will also appreciate the flexibility of school choice. Recent improvements provide added peace of mind, including a new roof (1 year old), new hot water heater.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47601, Boonville, IN area.

Housing Distribution

Housing Statistics

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