




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 820 N 3rd St, Boonville, IN, 47601 offers a 17.91% rental yield on a $140,800 purchase with $2,102/mo rent. Total monthly income registers $2,102/mo, and a $689/mo payment leaves $1,217/mo available for distribution. Annual cash flow reaches $14,602/yr on $46,675 to close, and return on cash invested stands at 51.19% in year one. Equity gained on principal adds $909/yr while 5% annual appreciation supports $38,900 over five years. Portfolio math shows five-year ROI at 270.77% and total cumulative return in cash at $126,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,102/mo property income against a $689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,410 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 |
|---|---|---|
| 2025-03-11 | Listing removed | $199,900 |
| 2025-01-06 | Price change | $199,900 |
| 2024-12-05 | Price change | $204,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1650.00 | 12.55% | $158,700 | -3.23% |
| 2023-10-23 | $1466.00 | 20.76% | $164,000 | 12.64% |
| 2022-10-23 | $1214.00 | 7.05% | $145,600 | 19.93% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A