103 Destiny Dr, Boone, IA, 50036 | $626/mo Cash Flow

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 Boone at 103 Destiny Dr, Boone, IA, 50036 uses $115,362 cash to close to unlock $7,514/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,703/mo payment keeps the spread at $626/mo. Purchase price stands at $348,000, and rental yield measures 9.95% with $2,886/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 138.21% and total cumulative return in cash records $159,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,703/mo payment rather than investor’s personal income.

Single Family

Built in 2022

5,227 sqft lot

$N/A/sqft

No HOA