2003 Carroll 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 2003 Carroll St, Boone, IA, 50036 at $125,000 posts ROI 27.47% with $261/mo cash flow from $1,073/mo rent. Total monthly income equals $1,073/mo, and annual cash flow records $3,132/yr on $41,438 to close. Return on cash invested measures 27.47% and rental yield reads 10.3% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 143.77% and total cumulative return in cash totals $59,573.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Jen Burkamper • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67881
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.