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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 407 W Ohio St, Lenox, IA, 50851 priced at $165,000 pairs $0/mo rent with after a $808/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.61% in year one, and rental yield stands at 0% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
10,018 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Nicki L Trost • Trost Properties LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333971
