Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Tipton at 407 Columbia Ave, Tipton, IN, 46072 with 5% annual appreciation on a $249,900 basis while $1,252/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 6.01%. Five-year ROI measures 83.4% and total cumulative return in cash totals $69,086. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,252/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,969 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $249,900 |
| 2025-01-07 | Sold | $142,000 |
| 2024-12-20 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $1043.00 | 10.37% | $109,200 | 9.75% |
| 2022-03-26 | $945.00 | 9.00% | $99,500 | 10.19% |
| 2021-03-26 | $867.00 | 21.42% | $90,300 | 3.56% |
What's Special
Access Only
Listed by: Randy Placencia • Red Bridge Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22028700
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-26 08:17:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
