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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 307 W Adams St, Tipton, IN, 46072 generates $1,252/mo in rent, after a $1,610/mo payment. Total monthly income is $1,252/mo. Return on cash invested sits at 11.96% in year one, and rental yield is 4.57% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 59.98% and total cumulative return in cash sums $65,421. 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 1977
9,147 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: John Kwiatt • RE/MAX Anew Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071427
