








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 1206 N 3rd St, Boonville, IN, 47601 offers a 7.79% rental yield on a $225,000 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $1,101/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,315/yr on $74,588 to close, and return on cash invested stands at 21.67% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 112.07% and total cumulative return in cash at $83,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,583 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Katerina Tenyakov • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202530458