








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 315 S 1st Ave, Boonville, IN, 47601 earns $330/mo cash flow from $1,110/mo rent with a $636/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $3,959/yr on $43,095 capital. ROI tracks 29.1% on current figures, and rental yield reads 10.25% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 151.88% and total cumulative return in cash sums $65,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1940
3,484 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 |
|---|---|---|
| 2025-04-17 | Price change | $130,000 |
| 2025-04-01 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $636.84 | 17.78% | $74,200 | -0.54% |
| 2023-04-19 | $540.70 | N/A | $74,600 | 23.51% |
| 2022-04-19 | N/A | N/A | $60,400 | 60.64% |



Listed by: Joanie Troutman • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513335
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.