








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 748 Mulberry Ln, Tipton, IN, 46072 priced at $479,900 converts $1,252/mo rent into after a $2,349/mo obligation. Total monthly income equals $1,252/mo. Return on cash invested prints 7.62% in year one, and rental yield reads 3.13% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 36.73% and total cumulative return in cash sums $58,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,252/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.53 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kim Sottong • RE/MAX Anew Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064679