1222 W 2nd St, Boone, IA, 50036 | 6.86% Rental Yield

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 1222 W 2nd St, Boone, IA, 50036 earns from $1,544/mo rent with a $1,322/mo payment. Total monthly income totals $1,544/mo. ROI tracks 17.09% on current figures, and rental yield reads 6.86% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 88.14% and total cumulative return in cash sums $78,889. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,544/mo property income instead of your personal income.

Single Family

Built in 1870

0.40 Acres lot

$N/A/sqft

No HOA