602 W 8th StTiptonIA52772
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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
Investment Highlights
Investment property for sale in Tipton at 602 W 8th St, Tipton, IA, 52772 earns from $1,061/mo rent with a $1,713/mo payment. Total monthly income totals $1,061/mo. ROI tracks 7.37% on current figures, and rental yield reads 3.64% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 36.01% and total cumulative return in cash sums $41,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,061/mo property income instead of your personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52772, Tipton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,362 (100%) |
| Owner Occupied HU | 1,694 (71.7%) |
| Renter Occupied HU | 450 (19.1%) |
| Vacant Housing Units | 218 ( 9.2%) |
| Median Home Value | $232,784 |
| Average Home Value | $300,643 |
Housing Distribution
Address Breakdown
Residential
2,148
Single Family
1,970
Multi-Family
178
Businesses
213
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