943 6th St SEMason 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 943 6th St SE, Mason City, IA, 50401 uses $63,648 cash to close to unlock $3,106/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $940/mo payment keeps the spread at $259/mo. Purchase price stands at $192,000, and rental yield measures 9.41% with $1,506/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash records $82,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.28 Acres 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: JENNA SHERIFF • Jane Fischer & Associates Llc
Mls Name: Greater Mason BOR
Mls ID: #250865