217 4th St, Tipton, IN, 46072 | 6.54% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Tipton at 217 4th St, Tipton, IN, 46072 generates $1,252/mo in rent, after a $1,125/mo payment. Total monthly income is $1,252/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 6.54% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 91.86% and total cumulative return in cash sums $70,007. 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 1900

0.28 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