1536 13th StBooneIA50036
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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 1536 13th St, Boone, IA, 50036 listed at $104,000 pairs $781/mo rent with a $509/mo payment to leave $97/mo cash flow. Total monthly income runs $781/mo, and annual cash flow reaches $1,162/yr on $34,476 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 9.01% at a $104,000 basis. Equity gained on principal adds $671/yr, and annual property appreciation at 5% supports $28,733 by year five. Five-year ROI tracks 121.44% and total cumulative return in cash totals $41,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $781/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
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Listed by: Leslie Hanson • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #714297
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