5600 W State Route 68LynnvilleIN47619
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lynnville rental at 5600 W State Route 68, Lynnville, IN, 47619 sits in the solid-income band: 9.21% gross yield, $1,559/mo rent, $340/mo net after the $913/mo debt service, DSCR 1.71. Entry price of $203,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $56,085 and $1,870/yr in principal reduction bring total cumulative return to $98,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $340 | $1,200 |
City averages based on Lynnville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,559 |
| Total Monthly Debt Service | $1,138 |
| 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.
Single Family
Built in 1956
1 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
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
Single Family
Built in 1956
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald W Morrow • MORROW REAL ESTATE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432753
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.