819 E Chestnut 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
Rental property for sale in Mason City at 819 E Chestnut St, Mason City, IL, 62664 offers $2,029/mo rent that, after a $1,713/mo payment. Total monthly income is $2,029/mo. Return on cash invested measures 15.79% in year one, and rental yield stands at 6.96% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 81.74% and total cumulative return in cash reaches $94,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,029/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
0.36 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 Provider:
Mls ID: #CA1034718
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.