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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 Tippecanoe at 27720 Norris Rd, Tippecanoe, OH, 44699 earns from $1,006/mo rent with a $1,346/mo payment. Total monthly income totals $1,006/mo. ROI tracks 8.57% on current figures, and rental yield reads 4.39% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 42.83% and total cumulative return in cash sums $39,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,006/mo property income instead of your personal income.
Single Family
Built in 1974
5.86 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 44699, Tippecanoe, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 365 (60.4%) |
| Renter Occupied HU | 75 (12.4%) |
| Vacant Housing Units | 164 (27.2%) |
| Median Home Value | $181,250 |
| Average Home Value | $230,514 |
Residential
500
Single Family
500
Multi-Family
0
Businesses
14
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Pending sale | $305,000 |
| 2025-06-14 | Sold | $275,000 |
| 2025-05-12 | Contingent | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $2718.56 | 2.02% | $44,920 | N/A |
| 2023-10-18 | $2664.66 | 37.29% | $44,920 | 37.29% |
| 2022-10-18 | $1940.96 | N/A | $32,720 | N/A |
Listed by: Tanis Thompson • Howard Hanna
Mls Name: MLS Now
Mls ID: #5121151
