2824 E 150 S, Tipton, IN, 46072 | $51/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2824 E 150 S, Tipton, IN, 46072 | $51/mo Cash Flow | Ziffy

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

Investment property for sale in Tipton at 2824 E 150 S, Tipton, IN, 46072 offers a 7.51% rental yield on a $200,000 purchase with $1,252/mo rent. Total monthly income registers $1,252/mo, and a $979/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $616/yr on $66,300 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 107.63% and total cumulative return in cash at $71,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,252/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming, Updated, and Effortlessly Livable Tucked into a quiet neighborhood setting, this beautifully refreshed 3-bedroom, 1.5-bath home blends thoughtful updates with everyday comfort across 1,025 square feet of light-filled living space. Inside, the interiors feel instantly inviting-anchored by wide-plank vinyl flooring that flows seamlessly throughout and grounded by a modernized full bath featuring a sleek walk-in shower, updated vanity, and elevated finishes that add a sense of polish. Oversized windows invite natural light to fill the rooms, creating a bright and airy feel throughout the main living areas. The kitchen and adjoining dining space provide functional flow for both weekday living and casual gatherings, while the well-proportioned bedrooms offer comfort and flexibility. Outside, the home continues to shine with an easy-to-maintain yard, an oversized driveway offering generous parking, and a detached two-car garage with ample room for storage or a hobby setup. Perfectly situated just 30 minutes from both Kokomo and Noblesville, this home offers a peaceful suburban retreat with convenient access to larger city amenities. Whether you're looking for your first home, a smart downsize, or a turnkey investment, this property delivers character, comfort, and charm in equal measure.

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