206 N Smith StBoswellIN47921
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play206 N Smith St, Boswell, IN, 47921 in Boswell is priced for appreciation, not yield. Rental yield 0%. At $249,999 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $69,070 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Boswell market data in our database. Property projections are estimates.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Aaron Walker • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509704
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