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% |
Rental property for sale in Tipton at 521 N East St, Tipton, IN, 46072 generates $1,642/mo in rent and, after a $930/mo payment, leaves $495/mo in cash flow. Total monthly income is $1,642/mo, and annual cash flow is $5,941/yr on $62,985 invested. Return on cash invested sits at 29.34% in year one, and rental yield is 10.37% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 153.29% and total cumulative return in cash sums $96,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,642/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,712 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 |
|---|---|---|
| 2024-11-19 | Sold | $190,000 |
| 2024-10-17 | Pending sale | $199,000 |
| 2024-10-11 | Price change | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1653.00 | 9.76% | $176,000 | 6.47% |
| 2023-10-25 | $1506.00 | 10.82% | $165,300 | 9.76% |
| 2022-10-25 | $1359.00 | 4.38% | $150,600 | 10.82% |
Listed by: Steven Prybylla • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
