510 W High StMason CityIL62664
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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 510 W High St, Mason City, IL, 62664 earns $121/mo cash flow from $1,432/mo rent with a $925/mo payment. Total monthly income totals $1,432/mo, and annual cash flow totals $1,453/yr on $62,654 capital. ROI tracks 22.23% on current figures, and rental yield reads 9.09% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 116.33% and total cumulative return in cash sums $72,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Single Family
Built in 1972
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62664, Mason City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 893 (69.3%) |
| Renter Occupied HU | 221 (17.1%) |
| Vacant Housing Units | 175 (13.6%) |
| Median Home Value | $108,512 |
| Average Home Value | $122,251 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,178
Multi-Family
0
Businesses
91
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls ID: #CA1038623