1621 Mamie Eisenhower AveBooneIA50036
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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 1621 Mamie Eisenhower Ave, Boone, IA, 50036 earns $456/mo cash flow from $1,235/mo rent with a $587/mo payment. Total monthly income totals $1,235/mo, and annual cash flow totals $5,472/yr on $39,780 capital. ROI tracks 33.66% on current figures, and rental yield reads 12.35% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 176.97% and total cumulative return in cash sums $70,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,235/mo property income instead of your personal income.
Single Family
Built in 1903
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Shannon Crain • Hunziker & Assoc.-Boone
Mls Name: CIBR
Mls Provider:
Mls ID: #68076
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.