1457 Nakota PlBooneIA50036
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1457 Nakota Pl, Boone, IA, 50036 in Boone is priced for appreciation, not yield. Rental yield 4.54%. At $879,000 with a 4.54% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $242,851 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.84) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $177,845.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 8.0% |
| Monthly Cash Flow | $(2,438) | $500 |
City averages based on Boone market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,329 |
| Total Monthly Debt Service | $5,417 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
$700 yearly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
$700 yearly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nate Nerem • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #70394
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.