1021 15th StBooneIA50036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1021 15th St, Boone, IA, 50036 earns $881/mo cash flow from $2,033/mo rent with a $852/mo payment. Total monthly income totals $2,033/mo, and annual cash flow totals $10,570/yr on $57,681 capital. ROI tracks 38.23% on current figures, and rental yield reads 14.02% at a $174,000 purchase. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 over five years. Five-year ROI reaches 201.68% and total cumulative return in cash sums $116,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,033/mo property income instead of your personal income.
Single Family
Built in 1947
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Murray • Hunziker & Assoc.-Boone
Mls Name: CIBR
Mls Provider:
Mls ID: #67906
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.