312 N West St, Tipton, IN, 46072 | 3.76% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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312 N West St, Tipton, IN, 46072 | 3.76% Rental Yield | 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 312 N West St, Tipton, IN, 46072 earns from $1,252/mo rent with a $1,958/mo payment. Total monthly income totals $1,252/mo. ROI tracks 9.51% on current figures, and rental yield reads 3.76% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 46.83% and total cumulative return in cash sums $62,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,252/mo property income instead of your personal income.

Single Family

Built in 2025

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover an incredible opportunity at 312 N West Street in Tipton. This home is currently under construction and already framed with some insulation in place and portions of the exterior siding completed. The home is being sold in its current condition, giving you the rare chance to step in and finish the interior exactly the way you want. Based on the Grace Hill Craftsman plan, the layout offers an inviting covered front porch, an open great room that flows into the kitchen and dining area, and a thoughtful design that makes everyday living comfortable and functional. Inside, the plan includes a spacious main level primary suite with a private bath, two additional bedrooms, and a second full bath. The kitchen layout features an eating bar and walk-in pantry, and the great room offers generous open-concept space. Within the upper level you will find a rec room, area for 3rd full bath and 4th bedroom. An attached two-car garage provides additional storage or workspace. Built with 2x6 exterior walls, the structure is designed for long-term durability and energy efficiency. This is an ideal opportunity to personalize the finishes of your choice while enjoying the convenience of town living in Tipton. Buyer to verify all measurements, features, and completion details as construction continues.

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