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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 714 Cypress Dr, Tipton, IN, 46072 offers $1,252/mo rent that, after a $1,884/mo payment. Total monthly income is $1,252/mo. Return on cash invested measures 9.81% in year one, and rental yield stands at 3.9% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 48.53% and total cumulative return in cash reaches $61,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,252/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$180 annually 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sami Holmgren • RE/MAX Anew Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511216
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.
