1005 8th St SWMason CityIA50401
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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 Mason City at 1005 8th St SW, Mason City, IA, 50401 generates $1,630/mo in rent and, after a $608/mo payment, leaves $823/mo in cash flow. Total monthly income is $1,630/mo, and annual cash flow is $9,878/yr on $41,192 invested. Return on cash invested sits at 43.89% in year one, and rental yield is 15.74% on a $124,260 entry. Equity gained on principal adds $802/yr, while 5% annual appreciation builds toward $34,331 over five years. Five-year ROI reaches 231.92% and total cumulative return in cash sums $95,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50401, Mason City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,670 (100%) |
| Owner Occupied HU | 8,543 (58.2%) |
| Renter Occupied HU | 4,535 (30.9%) |
| Vacant Housing Units | 1,592 (10.9%) |
| Median Home Value | $167,855 |
| Average Home Value | $227,641 |
Housing Distribution
Address Breakdown
Residential
13,611
Single Family
11,798
Multi-Family
1,813
Businesses
1,100
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Listed by: N/A • N/A
Mls Name: Iowa Realty
Mls ID: #6332533