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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Jasper at 1338 Dewey St, Jasper, IN, 47546 generates $1,440/mo in rent and, after a $817/mo payment, leaves $390/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $4,679/yr on $55,361 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 10.35% on a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation builds toward $46,139 over five years. Five-year ROI reaches 148.29% and total cumulative return in cash sums $82,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47546, Jasper, IN area.
| 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 |
Residential
9,829
Single Family
9,428
Multi-Family
401
Businesses
754
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $167,000 |
| 2024-05-02 | Listing removed | $115,000 |
| 2023-09-14 | Listed for sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $1961.94 | 37.21% | $98,000 | 1.66% |
| 2023-05-26 | $1429.90 | 16.72% | $96,400 | 37.52% |
| 2022-05-26 | $1225.02 | 5.93% | $70,100 | 17.03% |
Listed by: Joetta Jones • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519231
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
