510 W Walnut St, Mason City, IL, 62664 | $105/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
990 sft

412 N Sherman St, Lincoln, IL, 62656

3 Bed
2 Bath
1534 sft

225 4th St, Lincoln, IL, 62656

3 Bed
2 Bath
1936 sft

202 W 5th St, Delavan, IL, 61734

3 Bed
2 Bath
1416 sft

910 8th St, Lincoln, IL, 62656

Nearby investment properties with comparable prices

3 Bed
2 Bath
1056 sft

310 W State St, Manito, IL, 61546

2 Bed
1 Bath
979 sft

1208 Feldman Dr, Lincoln, IL, 62656

3 Bed
2 Bath
1360 sft

308 N Sunset Dr, Manito, IL, 61546

4 Bed
3 Bath
1978 sft

457 S Plum St, Havana, IL, 62644

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Mason City at 510 W Walnut St, Mason City, IL, 62664 with 5% annual appreciation on a $169,900 basis while $1,284/mo rent supports operations. Total monthly income totals $1,284/mo and a $832/mo payment preserves $105/mo for cash returns. Annual cash flow comes to $1,261/yr on $56,322 deployed, and return on cash invested reaches 22.15% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.07%. Five-year ROI measures 115.91% and total cumulative return in cash totals $65,282.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,284/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1899

1.89 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