








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 1643 W 1st St, Jasper, IN, 47546 listed at $350,000 pairs $2,534/mo rent with a $1,713/mo payment to leave $433/mo cash flow. Total monthly income runs $2,534/mo, and annual cash flow reaches $5,197/yr on $116,025 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 8.69% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 126.65% and total cumulative return in cash totals $146,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,534/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.35 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 |
|---|---|---|
| 2025-09-30 | Sold | $350,000 |
| 2025-09-09 | Pending sale | $379,000 |
| 2025-08-16 | Price change | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2558.26 | 2.26% | $268,100 | 6.94% |
| 2023-10-24 | $2501.76 | 16.57% | $250,700 | 2.70% |
| 2022-10-24 | $2146.10 | 5.22% | $244,100 | 16.91% |



Listed by: Larry Carpenter III • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517331
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.