881 Clutter RdLynnvilleIN47619
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
Investment Highlights
Rental property for sale in Lynnville at 881 Clutter Rd, Lynnville, IN, 47619 priced at $145,000 pairs $1,136/mo rent with $265/mo cash flow after a $710/mo payment. Total monthly income equals $1,136/mo, and annual cash flow comes to $3,183/yr on $48,068 invested. Return on cash invested is 26.53% in year one, and rental yield stands at 9.4% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 138.22% and total cumulative return in cash reaches $66,440. For financing, Ziffy Mortgage’s DSCR program evaluates $1,136/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
12.80 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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Nearby investment properties with comparable prices
Listed by: Nicholas Oosting • Listing Leaders Northwest
Mls Name: NIRA
Mls Provider:
Mls ID: #808368
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.