1535 E Pine StMason CityIL62664
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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
Investment property for sale in Mason City at 1535 E Pine St, Mason City, IL, 62664 listed at $135,000 pairs $1,060/mo rent with a $661/mo payment to leave $123/mo cash flow. Total monthly income runs $1,060/mo, and annual cash flow reaches $1,480/yr on $44,753 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 9.42% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 121.6% and total cumulative return in cash totals $54,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,060/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.37 Acres 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
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Listed by: Nate Arnold • ME Realty
Mls Name: RMLS Alliance
Mls ID: #CA1039599