128 McPherson St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 128 McPherson St, Boone, IA, 50036 with 5% annual appreciation on a $387,500 basis while $3,018/mo rent supports operations. Total monthly income totals $3,018/mo and a $1,897/mo payment preserves $501/mo for cash returns. Annual cash flow comes to $6,012/yr on $128,456 deployed, and return on cash invested reaches 24.59% in year one. Equity gained on principal adds $2,500/yr, and five-year appreciation sums $107,059 alongside rental yield of 9.35%. Five-year ROI measures 128.33% and total cumulative return in cash totals $164,847.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,018/mo property income versus a $1,897/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.