109 Greene St,Boone,IA,50036

Investment Highlights

Rental property for sale in Boone at 109 Greene St, Boone, IA, 50036 offers $994/mo rent that, after a $611/mo payment, leaves $183/mo cash flow. Total monthly income is $994/mo, and annual cash flow is $2,198/yr on $41,404 cash. Return on cash invested measures 25.22% in year one, and rental yield stands at 9.55% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 131.84% and total cumulative return in cash reaches $54,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $994/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.