737 Mulberry Ln, Tipton, IN, 46072 | 3.01% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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737 Mulberry Ln, Tipton, IN, 46072 | 3.01% 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

Investment property for sale in Tipton at 737 Mulberry Ln, Tipton, IN, 46072 with 5% annual appreciation on a $499,900 basis while $1,252/mo rent supports operations. 24% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 3.01%. Five-year ROI measures 34.67% and total cumulative return in cash totals $57,456. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,252/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2005

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of Tipton in the sought after Buttonwood Subdivision, discover this wonderful 4 bed 3.5 bath home on a scenic .25ac lot with tons to offer! Over 4000sqft of space for all your family needs. The main level boasts an open floor plan including a large family room with a gas-log fireplace & built-in bookcases with a bedroom currently being used as an office/den. The beautiful eat-in kitchen features stainless steel appliances & granite countertops right next to the enclosed sunroom! Downstairs you will find a fully finished basement featuring a bonus room with a multitude of options. Upstairs includes the master suite with an en-suite and two other bedrooms & full bathroom. Updates include: New refrigerator, washer & bathroom fixtures (2021). Exterior of the home repainted & new furnace (2023) and new tankless water heater (2024) and very soon new living room carpet will be installed. Outside offers a canvas for outdoor enjoyment and recreation, providing ample space for gardening, entertaining, or simply savoring the tranquility of the surroundings as you hang out on the recently refinished back deck. It's that country feel you've been looking for as mornings will be a breeze and nighttime routines will be stress-free! Schedule your showing today!

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