102 McPherson St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 102 McPherson St, Boone, IA, 50036 listed at $454,900 pairs $1,740/mo rent with a $2,227/mo payment. Total monthly income runs $1,740/mo. Return on cash invested measures 10.24% in year one, and rental yield registers 4.59% at a $454,900 basis. Equity gained on principal adds $2,935/yr, and annual property appreciation at 5% supports $125,680 by year five. Five-year ROI tracks 51.43% and total cumulative return in cash totals $77,552. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).