403 4th St SEMason 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 403 4th St SE, Mason City, IA, 50401 at $238,500 posts ROI 25.55% with $371/mo cash flow from $1,920/mo rent. Total monthly income equals $1,920/mo, and annual cash flow records $4,457/yr on $79,063 to close. Return on cash invested measures 25.55% and rental yield reads 9.66% at the current $238,500. Equity gained on principal adds $1,539/yr, and 5% annual appreciation supports $65,893 by year five. Five-year ROI prints 133.5% and total cumulative return in cash totals $105,551.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
N/A 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: Staci Mellman • Hildebrand Real Estate
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #240672
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.