603 E Moore St, Boonville, IN, 47601 | $683/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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603 E Moore St, Boonville, IN, 47601 | $683/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boonville at 603 E Moore St, Boonville, IN, 47601 generates $2,063/mo in rent and, after a $1,125/mo payment, leaves $683/mo in cash flow. Total monthly income is $2,063/mo, and annual cash flow is $8,198/yr on $76,212 invested. Return on cash invested sits at 30.67% in year one, and rental yield is 10.77% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 160.32% and total cumulative return in cash sums $122,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.

Single Family

Built in 1946

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming home featuring numerous updates throughout! On the main floor, youll find a spacious kitchen complete with stainless steel appliances, a center island with seating, and plenty of cabinetry for storage. The main level also offers a comfortable bedroom and a full bathroom for convenience. Upstairs, there are two additional bedrooms and another full bathroom, providing ample space for family or guests. The home also includes an unfinished basement, perfect for storage or future finishing. Fresh paint and new carpet make the interior feel move-in ready, while a wood deck off the back of the home is ideal for relaxing or entertaining outdoors. This home combines comfort, functionality, and updates in a desirable Boonville locationdont miss your chance to make it yours!

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