822 9th St NWMason 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 822 9th St NW, Mason City, IA, 50401 with 5% annual appreciation on a $138,500 basis while $1,530/mo rent supports operations. Total monthly income totals $1,530/mo and a $678/mo payment preserves $630/mo for cash returns. Annual cash flow comes to $7,565/yr on $45,913 deployed, and return on cash invested reaches 36.39% in year one. Equity gained on principal adds $894/yr, and five-year appreciation sums $38,265 alongside rental yield of 13.26%. Five-year ROI measures 191.68% and total cumulative return in cash totals $88,003.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,530/mo property income versus a $678/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
6,534 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: Shawn Wilkins • Century 21 Preferred
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319258
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.