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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 1430 Timber Creek Dr, Jasper, IN, 47546 generates $3,778/mo in rent and, after a $3,047/mo payment, leaves $41/mo in cash flow. Total monthly income is $3,778/mo, and annual cash flow is $493/yr on $204,803 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 7.28% on a $622,500 entry. Equity gained on principal adds $4,017/yr, while 5% annual appreciation builds toward $171,985 over five years. Five-year ROI reaches 104.68% and total cumulative return in cash sums $214,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,778/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.75 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 |
|---|---|---|
| 2024-11-26 | Sold | $622,500 |
| 2024-10-15 | Pending sale | $639,900 |
| 2024-09-25 | Price change | $639,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $4952.90 | 9.71% | $478,800 | -1.66% |
| 2023-10-22 | $4514.66 | 13.59% | $486,900 | 10.08% |
| 2022-10-22 | $3974.44 | 0.22% | $442,300 | 13.85% |
Listed by: Elizabeth Mehringer • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437071
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.
