1212 E Walnut StBoonvilleIN47601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Boonville at 1212 E Walnut St, Boonville, IN, 47601 listed at $150,000 pairs $1,132/mo rent with a $734/mo payment to leave $232/mo cash flow. Total monthly income runs $1,132/mo, and annual cash flow reaches $2,781/yr on $49,725 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.06% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 132.62% and total cumulative return in cash totals $65,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,132/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,853
Single Family
5,666
Multi-Family
187
Businesses
417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices