312 S Main StLynnIN47355
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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
Investment Highlights
Investment property for sale in Lynn at 312 S Main St, Lynn, IN, 47355 with 5% annual appreciation on a $139,900 basis while $1,273/mo rent supports operations. Total monthly income totals $1,273/mo and a $685/mo payment preserves $433/mo for cash returns. Annual cash flow comes to $5,195/yr on $46,377 deployed, and return on cash invested reaches 31.11% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 10.92%. Five-year ROI measures 162.68% and total cumulative return in cash totals $75,447.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,273/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
7,405 sqft 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
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Listed by: Susie Bond • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050625
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.