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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% |
Rental property for sale in Boonville at 388 S White Rd, Boonville, IN, 47601 priced at $254,700 pairs $1,525/mo rent with after a $1,247/mo payment. Total monthly income equals $1,525/mo. Return on cash invested is 19.85% in year one, and rental yield stands at 7.18% on a $254,700 basis. Equity gained on principal adds $1,644/yr, and 5% annual appreciation accumulates to $70,369 by year five. Five-year ROI measures 102.28% and total cumulative return in cash reaches $86,361. For financing, Ziffy Mortgage’s DSCR program evaluates $1,525/mo property income against a $1,247/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2008
4.40 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 |
|---|---|---|
| 2024-11-29 | Sold | $254,700 |
| 2024-10-30 | Pending sale | $249,900 |
| 2024-10-24 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $809.94 | 28.30% | $142,300 | -0.42% |
| 2023-10-23 | $631.28 | 32.89% | $142,900 | 22.77% |
| 2022-10-23 | $475.04 | 4.71% | $116,400 | 25.03% |
Listed by: Michele Rogers • GOEBEL COMMERCIAL REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438465
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.
