1839 Springview DrMason 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
Investment property for sale in Mason City at 1839 Springview Dr, Mason City, IA, 50401 with 5% annual appreciation on a $299,000 basis while $1,266/mo rent supports operations. 73% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 5.08%. Five-year ROI measures 59.41% and total cumulative return in cash totals $58,882. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,266/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
6,969 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: Heather Davis • Hildebrand Real Estate
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250367
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.