








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 Austin at 741 W Booe Rd, Austin, IN, 47102 uses $79,527 cash to close to unlock $4,321/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,174/mo payment keeps the spread at $360/mo. Purchase price stands at $239,900, and rental yield measures 9% with $1,800/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 131.8% and total cumulative return in cash records $104,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47102, Austin, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,881 (59.9%) |
| Renter Occupied HU | 992 (31.6%) |
| Vacant Housing Units | 268 ( 8.5%) |
| Median Home Value | $160,398 |
| Average Home Value | $189,765 |
Residential
2,824
Single Family
2,824
Multi-Family
0
Businesses
121
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tamara Barger • Kovener & Associates Real Esta
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055912