2009 Tama StBooneIA50036
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2009 Tama St, Boone, IA, 50036 in Boone. Priced at $157,261, it generates $1,740/mo in gross rent and $719/mo in net monthly cash flow, a 13.28% yield that comfortably supports the 2.46 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,624. Five-year appreciation: $43,448. Equity from principal paydown: $1,448/yr. Total projected cumulative return: $106,132.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 8.0% |
| Monthly Cash Flow | $719 | $500 |
City averages based on Boone market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,740 |
| Total Monthly Debt Service | $959 |
| DSCR Ratio | 1.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.25 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1977
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices