322 Marshall 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
Rental property for sale in Boone at 322 Marshall St, Boone, IA, 50036 offers $2,197/mo rent that, after a $1,126/mo payment, leaves $703/mo cash flow. Total monthly income is $2,197/mo, and annual cash flow is $8,436/yr on $76,245 cash. Return on cash invested measures 30.97% in year one, and rental yield stands at 11.46% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 162.56% and total cumulative return in cash reaches $123,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,197/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Jen Burkamper • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67622
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.