1509 Marshall St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 1509 Marshall St, Boone, IA, 50036 listed at $130,200 pairs $1,696/mo rent with a $637/mo payment to leave $808/mo cash flow. Total monthly income runs $1,696/mo, and annual cash flow reaches $9,691/yr on $43,161 cash to close. Return on cash invested measures 42.36% in year one, and rental yield registers 15.63% at a $130,200 basis. Equity gained on principal adds $840/yr, and annual property appreciation at 5% supports $35,972 by year five. Five-year ROI tracks 224.1% and total cumulative return in cash totals $96,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,696/mo property income relative to a $637/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).