1155 110th AveLenoxIA50851
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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 Lenox at 1155 110th Ave, Lenox, IA, 50851 listed at $244,900 pairs $1,306/mo rent with a $1,199/mo payment. Total monthly income runs $1,306/mo. Return on cash invested measures 15.7% in year one, and rental yield registers 6.4% at a $244,900 basis. Equity gained on principal adds $1,580/yr, and annual property appreciation at 5% supports $67,661 by year five. Five-year ROI tracks 80.73% and total cumulative return in cash totals $65,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,306/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50851, Lenox, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 922 (100%) |
| Owner Occupied HU | 579 (62.8%) |
| Renter Occupied HU | 227 (24.6%) |
| Vacant Housing Units | 116 (12.6%) |
| Median Home Value | $141,810 |
| Average Home Value | $198,541 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
771
Multi-Family
97
Businesses
74
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