5600 W State Route 68LynnvilleIN47619
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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 Lynnville at 5600 W State Route 68, Lynnville, IN, 47619 offers a 9.22% rental yield on a $203,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $994/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,080/yr on $67,295 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $1,310/yr while 5% annual appreciation supports $56,085 over five years. Portfolio math shows five-year ROI at 135.19% and total cumulative return in cash at $90,974. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $994/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.