874 Mallard Ave, Boone, IA, 50036 | 4.55% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boone at 874 Mallard Ave, Boone, IA, 50036 priced at $525,000 converts $1,990/mo rent into after a $2,570/mo obligation. Total monthly income equals $1,990/mo. Return on cash invested prints 10.19% in year one, and rental yield reads 4.55% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 51.12% and total cumulative return in cash sums $88,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,990/mo property income covering a $2,570/mo payment, not borrower’s personal income.

Single Family

Built in 1958

14 Acres lot

$N/A/sqft

No HOA