911 J Ave, Boone, IA, 50036 | $134/mo Cash Flow

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

Investment property for sale in Boone at 911 J Ave, Boone, IA, 50036 uses $59,670 cash to close to unlock $1,608/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,303/mo, and a $881/mo payment keeps the spread at $134/mo. Purchase price stands at $180,000, and rental yield measures 8.69% with $1,303/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash records $70,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,303/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1977

9.22 Acres lot

$N/A/sqft

No HOA