127 Cedar StBooneIA50036
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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
Rental property for sale in Boone at 127 Cedar St, Boone, IA, 50036 priced at $175,000 pairs $1,435/mo rent with $298/mo cash flow after a $857/mo payment. Total monthly income equals $1,435/mo, and annual cash flow comes to $3,576/yr on $58,013 invested. Return on cash invested is 26.07% in year one, and rental yield stands at 9.84% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 136.29% and total cumulative return in cash reaches $79,063. For financing, Ziffy Mortgage’s DSCR program evaluates $1,435/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,200 sqft lot
$N/A/sqft
No HOA
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Listed by: Burkamper, Jen • RE/MAX REC
Mls Name: DMMLS
Mls Provider:
Mls ID: #714897
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.