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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 1756 W State Road 56, Jasper, IN, 47546 uses $59,339 cash to close to unlock $5,515/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,534/mo, and a $876/mo payment keeps the spread at $460/mo. Purchase price stands at $179,000, and rental yield measures 10.28% with $1,534/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 152.47% and total cumulative return in cash records $90,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,534/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.93 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $1378.12 | 22.46% | $155,300 | 2.78% |
| 2023-06-28 | $1125.32 | 8.85% | $151,100 | 27.19% |
| 2022-06-28 | $1033.82 | 0.64% | $118,800 | 8.59% |
What's Special
Walk-up
Listed by: Elizabeth Mehringer • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524775
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.
