222 Clinton StBooneIA50036
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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 222 Clinton St, Boone, IA, 50036 at $220,000 posts ROI 23.58% with $223/mo cash flow from $1,652/mo rent. Total monthly income equals $1,652/mo, and annual cash flow records $2,676/yr on $72,930 to close. Return on cash invested measures 23.58% and rental yield reads 9.01% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 122.93% and total cumulative return in cash totals $89,651.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Elin L Herrman • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #67814
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.