9 Asbury PlMason 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 9 Asbury Pl, Mason City, IA, 50401 listed at $269,000 pairs $2,264/mo rent with a $1,317/mo payment to leave $483/mo cash flow. Total monthly income runs $2,264/mo, and annual cash flow reaches $5,799/yr on $89,174 cash to close. Return on cash invested measures 26.41% in year one, and rental yield registers 10.1% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 138.31% and total cumulative return in cash totals $123,335. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,264/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
$400 annually 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: DODIE WILKINS • Century 21 Preferred
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250452
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.