128 10th St NWMason CityIA50401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Mason City at 128 10th St NW, Mason City, IA, 50401 listed at $239,000 pairs $1,380/mo rent with a $1,170/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 17.3% in year one, and rental yield registers 6.93% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 89.26% and total cumulative return in cash totals $70,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Judge-Thomas • Hall Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6329915