Eider Plan, Poulton Place, Boonville, IN, 47601 | 4.51% Rental Yield

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Eider Plan, Poulton Place, Boonville, IN, 47601 | 4.51% Rental Yield | 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

Investment property for sale in Boonville at Eider Plan, Poulton Place, Boonville, IN, 47601 listed at $221,900 pairs $834/mo rent with a $1,086/mo payment. Total monthly income runs $834/mo. Return on cash invested measures 11.79% in year one, and rental yield registers 4.51% at a $221,900 basis. Equity gained on principal adds $1,432/yr, and annual property appreciation at 5% supports $61,307 by year five. Five-year ROI tracks 59.1% and total cumulative return in cash totals $43,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $1,086/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

**The price of the plan may change based on the lot selected.** Introducing the Eider plan, an efficiently designed 1,013 sq ft home from our Value Series that perfectly balances comfort and practicality. The heart of this home is its inviting open-concept layout, where the spacious living room flows seamlessly into a dedicated dining area and a well-appointed kitchen, complete with a functional island. This smart design features two private bedrooms, including a primary bedroom enhanced with a generous walk-in closet, and a conveniently located full bathroom accessible to both residents and guests. A thoughtfully placed utility room adds to the home's everyday convenience. For those seeking enhanced functionality and curb appeal, the Eider offers an optional 2-car garage and a welcoming covered porch, making it an exceptional choice for individuals, couples, or small families looking for smart living in a stylish package.

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