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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tipton at 132 1st St, Tipton, IN, 46072 at $182,000 posts ROI 23.08% with $159/mo cash flow from $1,252/mo rent. Total monthly income equals $1,252/mo, and annual cash flow records $1,911/yr on $60,333 to close. Return on cash invested measures 23.08% and rental yield reads 8.25% at the current $182,000. Equity gained on principal adds $1,174/yr, and 5% annual appreciation supports $50,283 by year five. Five-year ROI prints 119.65% and total cumulative return in cash totals $72,189.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46072, Tipton, IN area.
| 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 |
Residential
4,051
Single Family
3,861
Multi-Family
190
Businesses
369
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Listed for sale | $182,000 |
| 2020-07-27 | Sold | $73,000 |
| 2020-07-22 | Pending sale | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $681.64 | 45.06% | $85,800 | 3.87% |
| 2022-11-19 | $469.90 | 11.11% | $82,600 | 23.28% |
| 2021-11-19 | $422.92 | -65.78% | $67,000 | 6.35% |
Listed by: John Kwiatt • RE/MAX Anew Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202440765
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.
