1014 14th StBooneIA50036
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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
Investment Highlights
Investment property for sale in Boone at 1014 14th St, Boone, IA, 50036 uses $53,007 cash to close to unlock $4,506/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,421/mo, and a $783/mo payment keeps the spread at $376/mo. Purchase price stands at $159,900, and rental yield measures 10.66% with $1,421/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 148.93% and total cumulative return in cash records $78,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,421/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1926
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Amanda Nichols • iHome Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #68429
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.