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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 411 S Rockport Rd, Boonville, IN, 47601 generates $1,698/mo in rent and, after a $1,082/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,698/mo, and annual cash flow is $2,990/yr on $73,295 invested. Return on cash invested sits at 23.99% in year one, and rental yield is 9.22% on a $221,100 entry. Equity gained on principal adds $1,427/yr, while 5% annual appreciation builds toward $61,086 over five years. Five-year ROI reaches 125.24% and total cumulative return in cash sums $91,796. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,698/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1964
3 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 |
|---|---|---|
| 2025-10-03 | Listing removed | N/A |
| 2025-07-05 | Listed for sale | $315,000 |
| 2025-05-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $3295.74 | 24.26% | $221,100 | -1.07% |
| 2023-10-11 | $2652.24 | 11.19% | $223,500 | 29.94% |
| 2022-10-11 | $2385.30 | 294.55% | $172,000 | 25.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
