419 E 1st StLynnvilleIN47619
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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
Rental property for sale in Lynnville at 419 E 1st St, Lynnville, IN, 47619 priced at $174,900 converts $1,303/mo rent into $245/mo cash flow after a $856/mo obligation. Total monthly income equals $1,303/mo, and annual cash flow totals $2,940/yr on $57,979 invested. Return on cash invested prints 24.98% in year one, and rental yield reads 8.94% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 129.85% and total cumulative return in cash sums $75,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,303/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47619, Lynnville, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
643
Single Family
643
Multi-Family
0
Businesses
41
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Listed by: Johnna M Hancock-Blake • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508298
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.