1121 & 1127 Parkway DrBooneIA50036
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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
Investment Highlights
Total monthly income runs $1,800/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 3.32% with $1,800/mo rent. Return on cash invested shows 6.48% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 31.17% and total cumulative return in cash records $66,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Multi Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Maria Balac • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #725311
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