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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Lynnville at 202 E 4th St, Lynnville, IN, 47619 generates $1,494/mo in rent and, after a $898/mo payment, leaves $393/mo in cash flow. Total monthly income is $1,494/mo, and annual cash flow is $4,711/yr on $60,830 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 9.77% on a $183,500 entry. Equity gained on principal adds $1,184/yr, while 5% annual appreciation builds toward $50,698 over five years. Five-year ROI reaches 144.12% and total cumulative return in cash sums $87,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,494/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47619, Lynnville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 534 (76.0%) |
| Renter Occupied HU | 111 (15.8%) |
| Vacant Housing Units | 58 ( 8.3%) |
| Median Home Value | $221,642 |
| Average Home Value | $248,867 |
Residential
643
Single Family
643
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $183,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $858.74 | 46.97% | $134,200 | -1.97% |
| 2023-04-24 | $584.30 | 44.97% | $136,900 | 34.22% |
| 2022-04-24 | $403.04 | 12.73% | $102,000 | 25.00% |
Listed by: Marcia VanMeter • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513974
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.
