2009 Tama St,Boone,IA,50036

Investment Highlights

Rental property for sale in Boone at 2009 Tama St, Boone, IA, 50036 offers $1,740/mo rent that, after a $770/mo payment, leaves $718/mo cash flow. Total monthly income is $1,740/mo, and annual cash flow is $8,621/yr on $52,132 cash. Return on cash invested measures 36.45% in year one, and rental yield stands at 13.28% at a $157,261 entry. Equity gained on principal adds $1,015/yr while 5% annual appreciation compounds into $43,448 by year five. Five-year ROI records 191.98% and total cumulative return in cash reaches $100,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,740/mo property income versus a $770/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.