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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% |
Investment property for sale in Boonville at 605 E Maple St, Boonville, IN, 47601 offers a 9.13% rental yield on a $100,000 purchase with $761/mo rent. Total monthly income registers $761/mo, and a $489/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,378/yr on $33,150 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 125.51% and total cumulative return in cash at $41,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $761/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
6,969 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 |
|---|---|---|
| 2023-06-27 | Sold | $165,000 |
| 2023-06-08 | Pending sale | $165,000 |
| 2023-06-06 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $1386.00 | 21.79% | $140,900 | 3.15% |
| 2023-06-11 | $1138.00 | 22.37% | $136,600 | 18.89% |
| 2022-06-11 | $930.00 | 8.27% | $114,900 | 22.36% |
Listed by: Andrew Wilson • William Wilson Auction-Realty, Inc
Mls Name: My State MLS
Mls ID: #11513669
