283 W Main StLynchKY40855
INVESTMENT ANALYSIS
Investment Verdict
Solid Income283 W Main St, Lynch, KY, 40855 in Lynch is a solid income-producing rental, 9.38% gross yield, $977/mo rent, $216/mo net cash flow on a $124,999 buy. DSCR 1.74 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $34,535 and $1,151/yr in principal reduction project a total cumulative return of $61,314.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $216 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $977 |
| Total Monthly Debt Service | $711 |
| 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 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40855, Lynch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 161 (47.9%) |
| Renter Occupied HU | 84 (25.0%) |
| Vacant Housing Units | 91 (27.1%) |
| Median Home Value | $65,000 |
| Average Home Value | $99,022 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
20
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 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40855, Lynch, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 161 (47.9%) |
| Renter Occupied HU | 84 (25.0%) |
| Vacant Housing Units | 91 (27.1%) |
| Median Home Value | $65,000 |
| Average Home Value | $99,022 |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices