1410 13th St, Boone, IA, 50036 | $147/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boone at 1410 13th St, Boone, IA, 50036 uses $102,732 cash to close to unlock $1,766/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,517/mo payment keeps the spread at $147/mo. Purchase price stands at $309,900, and rental yield measures 8.36% with $2,160/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 112.51% and total cumulative return in cash records $115,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,517/mo payment rather than investor’s personal income.

Single Family

Built in 1920

9,147 sqft lot

$N/A/sqft

No HOA