414 Clay 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 414 Clay St, Boone, IA, 50036 priced at $109,000 pairs $911/mo rent with $203/mo cash flow after a $534/mo payment. Total monthly income equals $911/mo, and annual cash flow comes to $2,431/yr on $36,134 invested. Return on cash invested is 26.64% in year one, and rental yield stands at 10.03% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 139.38% and total cumulative return in cash reaches $50,362. For financing, Ziffy Mortgage’s DSCR program evaluates $911/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dori Burma • iHome Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #68167
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.