




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


Investment property for sale in Lenox at 809 E Ohio St, Lenox, IA, 50851 listed at $324,500 pairs $2,051/mo rent with a $1,588/mo payment. Total monthly income runs $2,051/mo. Return on cash invested measures 18.3% in year one, and rental yield registers 7.58% at a $324,500 basis. Equity gained on principal adds $2,094/yr, and annual property appreciation at 5% supports $89,653 by year five. Five-year ROI tracks 94.98% and total cumulative return in cash totals $102,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,051/mo property income relative to a $1,588/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.37 Acres 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 |
|---|---|---|
| 2025-08-22 | Listing removed | $330,000 |
| 2025-07-24 | Contingent | $330,000 |
| 2025-07-14 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $5992.00 | 13.70% | $333,420 | N/A |
| 2023-10-18 | $5270.00 | 3.70% | $333,420 | 35.77% |
| 2022-10-18 | $5082.00 | -6.65% | $245,570 | N/A |



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