107 N Cherry StLynnIN47355
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 107 N Cherry St, Lynn, IN, 47355 in Lynn deserves attention. This $142,500 property earns $1,520/mo in rent, a 12.8% gross yield, and nets $665/mo after the $641/mo payment. DSCR 2.37 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $39,370 compounds alongside $1,312/yr in yearly equity build, for a total cumulative return of $96,713.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 6.2% |
| Monthly Cash Flow | $665 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,520 |
| Total Monthly Debt Service | $799 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1908
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47355, Lynn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 822 (69.4%) |
| Renter Occupied HU | 268 (22.6%) |
| Vacant Housing Units | 95 ( 8.0%) |
| Median Home Value | $116,398 |
| Average Home Value | $155,657 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
800
Multi-Family
27
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1908
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47355, Lynn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 822 (69.4%) |
| Renter Occupied HU | 268 (22.6%) |
| Vacant Housing Units | 95 ( 8.0%) |
| Median Home Value | $116,398 |
| Average Home Value | $155,657 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
800
Multi-Family
27
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Faddis • Tarter Realty Auction and Appraisal Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526927
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.