1300 Worrell Dr, Jasper, IN, 47546 | 5.37% Rental Yield

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1300 Worrell Dr, Jasper, IN, 47546 | 5.37% 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 Jasper at 1300 Worrell Dr, Jasper, IN, 47546 earns from $1,440/mo rent with a $1,576/mo payment. Total monthly income totals $1,440/mo. ROI tracks 14.37% on current figures, and rental yield reads 5.37% at a $322,000 purchase. Equity gained on principal adds $2,078/yr, and 5% annual appreciation supports $88,963 over five years. Five-year ROI reaches 72.92% and total cumulative return in cash sums $77,839. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.

Single Family

Built in 1976

0.68 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious one-level ranch home perfectly positioned just minutes from some of Jaspers best offerings downtown shopping, schools, hospital, Parklands, walking paths, and the city pool. Home offers 3 bedrooms on the main floor with the added possibility of a 4th bedroom/ guest room in the basement. An open concept living room and dining room lends flexibility and a central dual-sided fireplace provides ambience. The kitchen features a large center island with JennAir downdraft cooktop and barstool seating, abundant cabinetry, a bonus eat-in nook, and direct access to the laundry room. At the end of the hallway is the primary bedroom which offers an updated ensuite bath with a beautifully tiled walk-in shower. Two additional bedrooms and a second full bath complete the main level, along with a convenient 6'x11' storage closet near the entry and a well-appointed laundry room with utility sink, planning desk, and tons of storage. The basement adds comfortable living space with a large family/rec room, wet bar with built-in cooktop, a bonus room ideal for a 4th bedroom or guest room, another full bathroom, plus ample unfinished storage. Enjoy outdoor living in the fenced backyard while relaxing on the back patio under the pergola. Mature shade trees provide beauty, while gutter guards keep maintenance minimal. Additional highlights include an attached 2-car garage with extra bump-out space for a workshop or storage, plus an oversized driveway offering plenty of parking.

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