544 S Pelzer RdBoonvilleIN47601
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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
Investment Highlights
Investment property for sale in Boonville at 544 S Pelzer Rd, Boonville, IN, 47601 with 5% annual appreciation on a $474,900 basis while $3,058/mo rent supports operations. Total monthly income totals $3,058/mo and a $2,324/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,492/yr on $157,429 deployed, and return on cash invested reaches 21.49% in year one. Equity gained on principal adds $3,064/yr, and five-year appreciation sums $131,206 alongside rental yield of 7.73%. Five-year ROI measures 111.08% and total cumulative return in cash totals $174,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,058/mo property income versus a $2,324/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
18.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47601, Boonville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,853
Single Family
5,666
Multi-Family
187
Businesses
417
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