1010 Main St, Jasper, IN, 47546 | $65/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1010 Main St, Jasper, IN, 47546 | $65/mo Cash Flow | Ziffy

Pending

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

Rental property for sale in Jasper at 1010 Main St, Jasper, IN, 47546 offers $1,440/mo rent that, after a $1,121/mo payment, leaves $65/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $782/yr on $75,914 cash. Return on cash invested measures 20.94% in year one, and rental yield stands at 7.55% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 108.18% and total cumulative return in cash reaches $82,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1870

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Perfect Spot to view the Strassenfest Parade from Main and Jackson!!! Downtown Living at Its Finest! Discover the perfect blend of historic charm and modern convenience in this beautifully maintained 3-bedroom, 2-bathroom home located in the heart of Jasper, IN. Just a short stroll from downtown shopping, restaurants, entertainment, the library, and the scenic River Walk, this property offers the best of in-town living. Step onto the inviting wrap-around porchideal for relaxing with your favorite beverage or a good book. Inside, you'll find a spacious and light-filled living room that flows seamlessly into a well-equipped kitchen with a cozy breakfast nook. For those working from home, the large office/den offers a peaceful workspace with lovely views of the outdoors. The main-level primary suite provides comfort and convenience, while upstairs features two generously sized bedrooms, an updated full bathroom, and a walk-in attic for added storage. The partial unfinished basement offers extra space and potential. Out back, enjoy the covered porch with a charming pergola, a detached 1-car garage, and a spacious yard that extends from Main to Jackson Street. If you're looking for a home full of character and nestled in the vibrant downtown Jasper areayour search ends here.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47546, Jasper, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,013 (100%)
Owner Occupied HU	6,765 (67.6%)
Renter Occupied HU	2,608 (26.0%)
Vacant Housing Units	640 ( 6.4%)
Median Home Value	$270,554
Average Home Value	$316,388