218 W 5th St, Boone, IA, 50036 | $88/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boone at 218 W 5th St, Boone, IA, 50036 earns $88/mo cash flow from $1,997/mo rent with a $1,439/mo payment. Total monthly income totals $1,997/mo, and annual cash flow totals $1,051/yr on $97,461 capital. ROI tracks 20.99% on current figures, and rental yield reads 8.15% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash sums $106,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,997/mo property income instead of your personal income.

Single Family

Built in 2025

9,147 sqft lot

$N/A/sqft

No HOA