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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% |
Investment property for sale in Jasper at 1446 W 15th St, Jasper, IN, 47546 offers a 8.13% rental yield on a $537,000 purchase with $3,638/mo rent. Total monthly income registers $3,638/mo, and a $2,628/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,978/yr on $176,673 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $3,465/yr while 5% annual appreciation supports $148,363 over five years. Portfolio math shows five-year ROI at 118.48% and total cumulative return in cash at $209,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,638/mo property income against a $2,628/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.58 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 |
|---|---|---|
| 2024-12-16 | Sold | $537,000 |
| 2024-11-07 | Pending sale | $539,900 |
| 2024-09-29 | Listed for sale | $539,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3730.24 | 0.49% | $363,300 | -0.82% |
| 2023-10-22 | $3712.10 | 12.25% | $366,300 | 0.88% |
| 2022-10-22 | $3307.06 | 0.98% | $363,100 | 12.52% |
Listed by: Steve Lukemeyer • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437708
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.
