615 N East St, Tipton, IN, 46072 | 4.85% Rental Yield

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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

Total monthly income runs $1,252/mo, and a $1,517/mo payment. Purchase price stands at $310,000, and rental yield measures 4.85% with $1,252/mo rent. Return on cash invested shows 12.8% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 64.51% and total cumulative return in cash records $66,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,252/mo property income covering a $1,517/mo payment rather than investor’s personal income.

Single Family

Built in 1949

N/A lot

$N/A/sqft

No HOA

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