101 Maxey CtTiptonIN46072
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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
Rental property for sale in Tipton at 101 Maxey Ct, Tipton, IN, 46072 generates $1,252/mo in rent, after a $2,422/mo payment. Total monthly income is $1,252/mo. Return on cash invested sits at 7.34% in year one, and rental yield is 3.04% on a $494,900 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,732 over five years. Five-year ROI reaches 35.2% and total cumulative return in cash sums $57,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,252/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46072, Tipton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,128 (100%) |
| Owner Occupied HU | 3,001 (72.7%) |
| Renter Occupied HU | 817 (19.8%) |
| Vacant Housing Units | 310 ( 7.5%) |
| Median Home Value | $208,736 |
| Average Home Value | $239,538 |
Housing Distribution
Address Breakdown
Residential
4,051
Single Family
3,861
Multi-Family
190
Businesses
369
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Listed by: Kim Sottong • RE/MAX Anew Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513799
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.