Here is your answer:
I had an MZ-N505 with that sony mic that costs about $100 and has one AA Batt., I think it's the 907.
Anyway, it WILL not work on a 505! I promise. You can get a little preamp for it, but that's an extra box and you will get distortion. This is what I did:
I just bought an MZ-N707 (or anything with a mic in). And I plan to sell my 505 to make up some of the loss. I suggest selling it at a show AFTER you get the new unit, that way you can get a lot for it with a copy of that show. It will accept the Headphone line out from your new unit, and you'll have two copies of the show.
Trust me.