1610 Kurtis LnTiptonIN46072
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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 1610 Kurtis Ln, Tipton, IN, 46072 uses $105,981 cash to close to unlock $6,752/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $2,482/mo, and a $1,565/mo payment keeps the spread at $563/mo. Purchase price stands at $319,700, and rental yield measures 9.32% with $2,482/mo rent. Return on cash invested shows 26.28% in year one, and 5% annual appreciation builds toward $88,327 over five years. Five-year ROI reaches 136.77% and total cumulative return in cash records $144,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,482/mo property income covering a $1,565/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.91 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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