803 W 9th 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 803 W 9th St, Boone, IA, 50036 generates $872/mo in rent and, after a $538/mo payment, leaves $158/mo in cash flow. Total monthly income is $872/mo, and annual cash flow is $1,896/yr on $36,465 invested. Return on cash invested sits at 25.11% in year one, and rental yield is 9.51% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 131.14% and total cumulative return in cash sums $47,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $872/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices