








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 506 E Temple St, Lenox, IA, 50851 priced at $152,000 pairs $1,418/mo rent with $431/mo cash flow after a $744/mo payment. Total monthly income equals $1,418/mo, and annual cash flow comes to $5,170/yr on $50,388 invested. Return on cash invested is 30.17% in year one, and rental yield stands at 11.19% on a $152,000 basis. Equity gained on principal adds $981/yr, and 5% annual appreciation accumulates to $41,995 by year five. Five-year ROI measures 158.27% and total cumulative return in cash reaches $79,750. For financing, Ziffy Mortgage’s DSCR program evaluates $1,418/mo property income against a $744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
10,162 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 |
|---|---|---|
| 2025-10-01 | Listing removed | $150,000 |
| 2025-06-11 | Price change | $150,000 |
| 2025-03-28 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1582.00 | 16.84% | $93,830 | N/A |
| 2023-10-22 | $1354.00 | 3.83% | $93,830 | 34.66% |
| 2022-10-22 | $1304.00 | -6.72% | $69,680 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A