211 Cpl Roger Snedden DrBooneIA50036
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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 211 Cpl Roger Snedden Dr, Boone, IA, 50036 uses $68,621 cash to close to unlock $3,538/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $1,639/mo, and a $1,013/mo payment keeps the spread at $295/mo. Purchase price stands at $207,000, and rental yield measures 9.5% with $1,639/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 130.89% and total cumulative return in cash records $89,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,639/mo property income covering a $1,013/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.91 Acres lot
$N/A/sqft
No HOA
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Listed by: Real Estate Team, Jennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #68609
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.