509 Clutter Rd, Lynnville, IN, 47619 | 6.45% Rental Yield

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509 Clutter Rd, Lynnville, IN, 47619 | 6.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lynnville at 509 Clutter Rd, Lynnville, IN, 47619 offers a 6.45% rental yield on a $565,000 purchase with $3,038/mo rent. 78% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 91.14% and total cumulative return in cash at $169,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,038/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this one-of-a-kind, spacious and beautifully maintained 4-bedroom, 3-bath home offering 2,778 sqft of living space plus a 1,050 sq ftunfinished, walkout basement with poured concrete walls, a built-in storm shelter, and access to a stunning aggregate patio. Set on 5 scenic acres that borderInterlake State Recreation Area, youll have close access to hiking, fishing, off-road trails, and countless opportunities to enjoy the nature. The home is premiumconstruction quality from top to bottom. It is built completely with 2x6's, has 400 Amps of electrical service, & 2 Central Air units for high-efficiency. Inside, thekitchen shines with maple cabinets, a 7-ft Amish-built island, and French doors leading to an elevated deck for you to enjoy the calm, country outdoor setting. Theliving room includes a brick fireplace with a vented propane insert, and the master suite offers a walk-in closet, 9-ft double vanity, garden tub/shower, and a window seat. A bonus room with a private staircase provides additional flexibility. The property also features a large front porch with a swing and ceiling fans, two sheds, anew carport, and a spacious 2 car garage. Recent updates include new hardwood floors, fresh paint, new appliances, a heat pump, added attic insulation, radonmitigation system, a newer roof (2020). Propane tank refilled May 2025. Average utility bills are $200/month, with water at $40$50.

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