107 Franklin St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 107 Franklin St, Boone, IA, 50036 at $180,000 posts ROI 22.95% with $151/mo cash flow from $1,320/mo rent. Total monthly income equals $1,320/mo, and annual cash flow records $1,812/yr on $59,670 to close. Return on cash invested measures 22.95% and rental yield reads 8.8% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 119.53% and total cumulative return in cash totals $71,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).