Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 607 N 6th St, Boonville, IN, 47601 listed at $186,000 pairs $1,250/mo rent with a $910/mo payment to leave $134/mo cash flow. Total monthly income runs $1,250/mo, and annual cash flow reaches $1,606/yr on $61,659 cash to close. Return on cash invested measures 22.51% in year one, and rental yield registers 8.06% at a $186,000 basis. Equity gained on principal adds $1,200/yr, and annual property appreciation at 5% supports $51,388 by year five. Five-year ROI tracks 116.56% and total cumulative return in cash totals $71,872. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,250/mo property income relative to a $910/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.54 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 |
|---|---|---|
| 2025-08-16 | Sold | $186,000 |
| 2025-07-15 | Pending sale | $179,900 |
| 2025-07-12 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $9.00 | N/A | $2,700 | 800.00% |
| 2023-10-15 | $9.00 | N/A | $300 | N/A |
| 2022-10-15 | $9.00 | N/A | $300 | N/A |
Listed by: Roy E Whetstine • Comfort Homes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526764
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.
