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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 1436 Dewey St, Jasper, IN, 47546 priced at $179,000 converts $2,290/mo rent into $1,216/mo cash flow after a $876/mo obligation. Total monthly income equals $2,290/mo, and annual cash flow totals $14,587/yr on $59,339 invested. Return on cash invested prints 44.49% in year one, and rental yield reads 15.35% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 234.45% and total cumulative return in cash sums $139,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,290/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,969 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 |
|---|---|---|
| 2025-02-27 | Sold | $179,000 |
| 2025-02-02 | Pending sale | $179,000 |
| 2025-01-02 | Price change | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $839.44 | 70.20% | $122,200 | 11.29% |
| 2023-10-22 | $493.22 | 23.26% | $109,800 | 35.39% |
| 2022-10-22 | $400.14 | 6.51% | $81,100 | 17.03% |
Listed by: Larry Carpenter III • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432115
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.
