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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 1348 W Magnolia St, Jasper, IN, 47546 generates $1,608/mo in rent and, after a $1,309/mo payment, leaves $3/mo in cash flow. Total monthly income is $1,608/mo, and annual cash flow is $30/yr on $88,676 invested. Return on cash invested sits at 19.94% in year one, and rental yield is 7.21% on a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 102.8% and total cumulative return in cash sums $91,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,608/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.39 Acres 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $267,500 |
| 2024-12-16 | Sold | $160,000 |
| 2024-10-29 | Pending sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $934.36 | 19.08% | $160,100 | 3.76% |
| 2023-06-25 | $784.64 | 20.05% | $154,300 | 19.06% |
| 2022-06-25 | $653.58 | 7.44% | $129,600 | 16.97% |
Listed by: Josseline Carr • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524115
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.
