1310 Aldrich Ave, Boone, IA, 50036 | $591/mo Cash Flow

Other

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1217 sft

124 9th St, Boone, IA, 50036

3 Bed
1 Bath
1088 sft

218 Pennsylvania Ave, Story City, IA, 50248

5 Bed
2 Bath
2000 sft

325 N Locust St, Madrid, IA, 50156

1 Bed
1 Bath
837 sft

415 Stanton Ave UNIT 104, Ames, IA, 50014

Nearby investment properties with comparable prices

3 Bed
2 Bath
1584 sft

308 3rd Ave SW, Dayton, IA, 50530

3 Bed
1 Bath
1130 sft

924 Broad St, Story City, IA, 50248

3 Bed
1 Bath
1581 sft

859 335th St, Woodward, IA, 50276

3 Bed
1 Bath
1572 sft

1210 Tama St, Boone, IA, 50036

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Boone at 1310 Aldrich Ave, Boone, IA, 50036 earns $591/mo cash flow from $1,740/mo rent with a $866/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $7,092/yr on $58,642 capital. ROI tracks 32% on current figures, and rental yield reads 11.8% at a $176,900 purchase. Equity gained on principal adds $1,142/yr, and 5% annual appreciation supports $48,874 over five years. Five-year ROI reaches 168.09% and total cumulative return in cash sums $98,571. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.

Single Family

Built in 1951

10,496 sqft lot

$N/A/sqft

No HOA