31 Stony WayMason 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
Rental property for sale in Mason City at 31 Stony Way, Mason City, IA, 50401 offers $1,498/mo rent that, after a $929/mo payment, leaves $265/mo cash flow. Total monthly income is $1,498/mo, and annual cash flow is $3,182/yr on $62,952 cash. Return on cash invested measures 24.96% in year one, and rental yield stands at 9.47% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 130.41% and total cumulative return in cash reaches $82,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,498/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
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: JIM VAITH • Hildebrand Real Estate
Mls Name: Greater Mason BOR
Mls ID: #250883