1343 Dorbett St, Jasper, IN, 47546 | 7.19% Rental Yield

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1343 Dorbett St, Jasper, IN, 47546 | 7.19% 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 1343 Dorbett St, Jasper, IN, 47546 listed at $525,000 pairs $3,144/mo rent with a $2,570/mo payment. Total monthly income runs $3,144/mo. Return on cash invested measures 20.01% in year one, and rental yield registers 7.19% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 103.11% and total cumulative return in cash totals $178,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,144/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

1.09 Acres lot

$N/A/sqft

No HOA

More details about the property

Immediate possession! This stunning mid-century modern home, nestled in the center of Jasper, is situated on a highly desireable 1.09 acres. You're greeted by beautifully updated landscaping and large panoramic windows surrounding the front entry. Step inside an architect-designed masterpiece, with extraordinary details throughout its 3,665 square feet of living space. Enjoy the natural sunlight as it comes in the kitchen and entryway in the mornings, while watching the beautiful sunsets from the back deck in the evenings. With 3 bedrooms, including both primary and secondary en-suites on the main level, the third bedroom, a full bath, and second kitchen/bar in the basement, it's an entertainer's heaven. The main level boasts a primary suite with built-in cabinetry in the bedroom and a large shower in the master bath with a view into the solarium. One of the home's standout features is the vaulted ceilings in all the main level rooms. The property features beautiful views out all its expansive windows, as well as a front-row view to wildlife, including birds, squirrels and even your occasional neighborhood deer. This property is located near Memorial Hospital, and is within walking distance of the new Jasper Municipal Pool, Jasper Parklands, and the YMCA coming soon!

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