1153 W 13th St, Jasper, IN, 47546 | $678/mo Cash Flow

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1153 W 13th St, Jasper, IN, 47546 | $678/mo Cash Flow | 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 Jasper at 1153 W 13th St, Jasper, IN, 47546 uses $113,373 cash to close to unlock $8,135/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $2,731/mo, and a $1,674/mo payment keeps the spread at $678/mo. Purchase price stands at $342,000, and rental yield measures 9.58% with $2,731/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash records $159,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,731/mo property income covering a $1,674/mo payment rather than investor’s personal income.

Single Family

Built in 1979

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming classic home in Jasper offers an inviting blend of modern updates and timeless appeal. With 3 bedrooms and 2.5 baths, it provides ample space for comfortable living. The open-concept living and dining room enhances the flow of the main floor, leading to a fully stocked kitchen that overlooks a beautiful level fenced yard and patioperfect for outdoor gatherings. The expansive master bedroom is a retreat in itself, featuring a his and hers bath, a large walk-in closet, and access to a private deck with stairs to the backyard. Upstairs, two bedrooms with spacious closets and a full bathroom offer plenty of room for family or guests. The large family room on the lower level is ideal for entertaining, complete with a bar area with plumbing available, Wall mounted TV above a cozy gas fireplace, half bath, and backyard access. The basement adds extra versatility with two finished bonus rooms, a potential office or sitting area, and a large laundry room. The outdoor space is a highlight, offering a storage area with overhead door and generous room for relaxation and play. Don't miss the chance to explore this captivating property through the 3D virtual tour!

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