132 1st StTiptonIN46072
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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
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
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: 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.