1535 13th St,Boone,IA,50036

Investment Highlights

Investment property for sale in Boone at 1535 13th St, Boone, IA, 50036 listed at $299,900 pairs $1,674/mo rent with a $1,468/mo payment. Total monthly income runs $1,674/mo. Return on cash invested measures 16.6% in year one, and rental yield registers 6.7% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 85.56% and total cumulative return in cash totals $85,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).