245 Woodbine RdMason 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 245 Woodbine Rd, Mason City, IA, 50401 listed at $399,000 pairs $2,908/mo rent with a $1,953/mo payment to leave $283/mo cash flow. Total monthly income runs $2,908/mo, and annual cash flow reaches $3,399/yr on $132,269 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 8.75% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 117.15% and total cumulative return in cash totals $154,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,908/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
N/A lot
$N/A/sqft
$400 annually 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: Fawn Bellinghausen • Jane Fischer & Associates Llc
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250363
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.