1920 Cedar StBooneIA50036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Boone at 1920 Cedar St, Boone, IA, 50036 priced at $215,000 pairs $1,697/mo rent with $289/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,697/mo, and annual cash flow comes to $3,462/yr on $71,273 invested. Return on cash invested is 24.77% in year one, and rental yield stands at 9.47% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 129.38% and total cumulative return in cash reaches $92,209. For financing, Ziffy Mortgage’s DSCR program evaluates $1,697/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2000
9,147 sqft lot
$N/A/sqft
$150 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Weigel • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #66896
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.