120 Destiny 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
Investment property for sale in Boone at 120 Destiny Dr, Boone, IA, 50036 at $275,000 posts ROI 22.57% with $202/mo cash flow from $2,036/mo rent. Total monthly income equals $2,036/mo, and annual cash flow records $2,422/yr on $91,163 to close. Return on cash invested measures 22.57% and rental yield reads 8.88% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 117.71% and total cumulative return in cash totals $107,303.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Emily Graeve • RE/MAX Generations
Mls Name: CIBR
Mls Provider:
Mls ID: #65504
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.