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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1185 Helen Ct, Boonville, IN, 47601 at $389,000 posts ROI 24.02% with $442/mo cash flow from $2,780/mo rent. Total monthly income equals $2,780/mo, and annual cash flow records $5,303/yr on $128,954 to close. Return on cash invested measures 24.02% and rental yield reads 8.58% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 124.65% and total cumulative return in cash totals $160,734.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
0.27 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 |
|---|---|---|
| 2025-03-26 | Listed for sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $3263.00 | 372.75% | $369,000 | 13.09% |
| 2023-03-27 | $690.22 | 1817.28% | $326,300 | 1276.79% |
| 2022-03-27 | $36.00 | N/A | $23,700 | 1875.00% |
Listed by: Trae Dauby • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509949
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.
