1626 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 1626 Mamie Eisenhower Ave, Boone, IA, 50036 listed at $254,900 pairs $1,206/mo rent with a $1,248/mo payment. Total monthly income runs $1,206/mo. Return on cash invested measures 13.52% in year one, and rental yield registers 5.68% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 69.03% and total cumulative return in cash totals $58,332. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,206/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Tim Lucken • Real Broker, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #716320
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.