204 Benton St,Boone,IA,50036

Investment Highlights

Rental property for sale in Boone at 204 Benton St, Boone, IA, 50036 generates $867/mo in rent and, after a $538/mo payment, leaves $153/mo in cash flow. Total monthly income is $867/mo, and annual cash flow is $1,836/yr on $36,465 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.46% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 130.22% and total cumulative return in cash sums $47,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $867/mo property income rather than buyer’s personal income.