465 N Main St, Tipton, IN, 46072 | 5.57% Rental Yield

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465 N Main St, Tipton, IN, 46072 | 5.57% 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

Rental property for sale in Tipton at 465 N Main St, Tipton, IN, 46072 priced at $269,900 converts $1,252/mo rent into after a $1,321/mo obligation. Total monthly income equals $1,252/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 5.57% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 76.12% and total cumulative return in cash sums $68,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,252/mo property income covering a $1,321/mo payment, not borrower’s personal income.

Single Family

Built in 2000

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Absolutely Stunning Farmhouse-Style Renovation! This beautifully updated 3-bedroom, 2-bath single-family home blends modern comfort with timeless farmhouse charm. Step inside to an inviting open-concept living area filled with natural light, perfect for both everyday living and entertaining. The gorgeous kitchen features all-new appliances, sleek finishes, and plenty of workspace for cooking and gathering. Both full bathrooms have been fully renovated, offering a clean, stylish feel throughout the home. Enjoy outdoor living on the backyard deck, overlooking a large, private yard ideal for relaxing, gardening, or play. A two-car detached garage provides excellent storage and parking options. This home is truly move-in ready-beautifully designed, thoughtfully updated, and full of character. Don't miss your chance to make it yours!

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