2496 N 300th StMasonIL62443
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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 at 2496 N 300th St, Mason, IL, 62443 uses $51,383 cash to close to unlock $8,418/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $759/mo payment keeps the spread at $702/mo. Purchase price stands at $155,000, and rental yield measures 13.76% with $1,777/mo rent. Return on cash invested shows 36.29% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 191.72% and total cumulative return in cash records $98,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62443, Mason, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 566 (81.3%) |
| Renter Occupied HU | 70 (10.1%) |
| Vacant Housing Units | 60 ( 8.6%) |
| Median Home Value | $168,056 |
| Average Home Value | $231,431 |
Housing Distribution
Address Breakdown
Residential
585
Single Family
585
Multi-Family
0
Businesses
12
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