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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 1255 Maple Grove Rd, Boonville, IN, 47601 uses $107,738 cash to close to unlock $933/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $2,029/mo, and a $1,591/mo payment keeps the spread at $78/mo. Purchase price stands at $325,000, and rental yield measures 7.49% with $2,029/mo rent. Return on cash invested shows 20.78% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 107.25% and total cumulative return in cash records $115,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,029/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1997
7 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Batts • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202536793
