1327 Crawford St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 1327 Crawford St, Boone, IA, 50036 offers a 8.47% rental yield on a $255,500 purchase with $1,804/mo rent. Total monthly income registers $1,804/mo, and a $1,251/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,730/yr on $84,698 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $1,649/yr while 5% annual appreciation supports $70,590 over five years. Portfolio math shows five-year ROI at 114.23% and total cumulative return in cash at $96,753. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,804/mo property income against a $1,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.