1105 Highway 38TiptonIA52772
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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 Tipton at 1105 Highway 38, Tipton, IA, 52772 offers a 6.97% rental yield on a $389,000 purchase with $2,258/mo rent. 41% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 89.85% and total cumulative return in cash at $115,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,258/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52772, Tipton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,362 (100%) |
| Owner Occupied HU | 1,694 (71.7%) |
| Renter Occupied HU | 450 (19.1%) |
| Vacant Housing Units | 218 ( 9.2%) |
| Median Home Value | $232,784 |
| Average Home Value | $300,643 |
Housing Distribution
Address Breakdown
Residential
2,148
Single Family
1,970
Multi-Family
178
Businesses
213
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