








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lenox at 202 W Ohio St, Lenox, IA, 50851 priced at $189,000 pairs $1,124/mo rent with after a $925/mo payment. Total monthly income equals $1,124/mo. Return on cash invested is 17.93% in year one, and rental yield stands at 7.14% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 92.64% and total cumulative return in cash reaches $58,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,124/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50851, Lenox, IA area.
| 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 |
Residential
868
Single Family
771
Multi-Family
97
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $2036.00 | 15.03% | $124,810 | N/A |
| 2023-06-25 | $1770.00 | 3.75% | $124,810 | 41.24% |
| 2022-06-25 | $1706.00 | -6.78% | $88,370 | N/A |



Listed by: Connie Parrish • Maynes Real Estate Inc
Mls Name: My State MLS
Mls ID: #11520101