127 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
Rental property for sale in Boone at 127 Destiny Dr, Boone, IA, 50036 generates $2,137/mo in rent, after a $1,625/mo payment. Total monthly income is $2,137/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.72% on a $332,000 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation builds toward $91,725 over five years. Five-year ROI reaches 102.11% and total cumulative return in cash sums $112,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kimberly Cunningham • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #67034
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.