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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% |
Rental property for sale in Tipton at 304 Oak St, Tipton, IN, 46072 priced at $184,900 pairs $1,252/mo rent with $142/mo cash flow after a $905/mo payment. Total monthly income equals $1,252/mo, and annual cash flow comes to $1,705/yr on $61,294 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 8.13% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 117.6% and total cumulative return in cash reaches $72,079. For financing, Ziffy Mortgage’s DSCR program evaluates $1,252/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46072, Tipton, IN area.
| 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 |
Residential
4,051
Single Family
3,861
Multi-Family
190
Businesses
369
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tonya Yarusinsky • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074012
