1405 Nicollet PlBooneIA50036
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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
Investment property for sale in Boone at 1405 Nicollet Pl, Boone, IA, 50036 with 5% annual appreciation on a $1,800,000 basis while $2,172/mo rent supports operations. 58% in year one. Equity gained on principal adds $11,615/yr, and five-year appreciation sums $497,307 alongside rental yield of 1.45%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,172/mo property income versus a $8,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5 Acres lot
$N/A/sqft
$1,200 annually HOA
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Nearby investment properties with comparable prices
Listed by: Jen Burkamper • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67427
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.