323 N Main StLynnIN47355
INVESTMENT ANALYSIS
Investment Verdict
Solid Income323 N Main St, Lynn, IN, 47355 in Lynn is a solid income-producing rental, 9.24% gross yield, $1,000/mo rent, $220/mo net cash flow on a $129,900 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $35,889 and $1,196/yr in principal reduction project a total cumulative return of $63,392.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $220 | $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 | $1,000 |
| Total Monthly Debt Service | $728 |
| DSCR Ratio | 1.37x |
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.
Manufactured
Built in 1999
0.25 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
Manufactured
Built in 1999
0.25 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: Jairo Correa • Re/Max Evolve
Mls Name: RLMS
Mls Provider:
Mls ID: #10050611
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.