544 Linden LnBooneIA50036
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 544 Linden Ln, Boone, IA, 50036 in Boone worth modelling. At $275,000 with a 8.09% gross yield, the $1,922/mo rent leaves $31/mo after the $1,237/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.55 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $75,977 by year five; $2,533/yr in principal reduction adds further equity. Total projected return: $111,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.0% |
| Monthly Cash Flow | $31 | $500 |
City averages based on Boone market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,922 |
| Total Monthly Debt Service | $1,713 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurry Wailes • The American Real Estate Company
Mls Name: CIBR
Mls Provider:
Mls ID: #67203
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.