122 E Chestnut StMason CityIL62664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1056 sft
- 2 Bed
- 1 Bath
- 979 sft
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 122 E Chestnut St, Mason City, IL, 62664 priced at $169,900 pairs $3,041/mo rent with $1,862/mo cash flow after a $832/mo payment. Total monthly income equals $3,041/mo, and annual cash flow comes to $22,345/yr on $56,322 invested. Return on cash invested is 59.58% in year one, and rental yield stands at 21.48% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 316.68% and total cumulative return in cash reaches $178,358. For financing, Ziffy Mortgage’s DSCR program evaluates $3,041/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1870
3,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62664, Mason City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 893 (69.3%) |
| Renter Occupied HU | 221 (17.1%) |
| Vacant Housing Units | 175 (13.6%) |
| Median Home Value | $108,512 |
| Average Home Value | $122,251 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,178
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1056 sft
- 2 Bed
- 1 Bath
- 979 sft
Listed by: Ronald K Knollenberg • Knollenberg Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1026236
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.