1989 W Division Rd, Jasper, IN, 47546 | 5.41% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1989 W Division Rd, Jasper, IN, 47546 | 5.41% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Jasper at 1989 W Division Rd, Jasper, IN, 47546 earns from $1,080/mo rent with a $1,173/mo payment. Total monthly income totals $1,080/mo. ROI tracks 14.49% on current figures, and rental yield reads 5.41% at a $239,700 purchase. Equity gained on principal adds $1,547/yr, and 5% annual appreciation supports $66,225 over five years. Five-year ROI reaches 73.58% and total cumulative return in cash sums $58,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.

Single Family

Built in 1950

1.53 Acres lot

$N/A/sqft

No HOA

More details about the property

If you're looking for the country feel, look no further! This charming home has so much to offer. Walk in and you'll immediately notice the hardwood floors throughout most of the main level. The spacious eat-in kitchen is as cute as can be and you're sure to love the family room with a large window letting in lots of natural light. There is a mudroom/drop zone leading directly to the attached garage as well as the back patio and the amazing backyard with mature trees and lots of room for hobbies, entertaining, or gardening. The basement offers a second kitchen with a bar for entertaining, living/recreation area, laundry room with sink and lots of storage space. Upstairs, is an unfinished attic space just waiting to be transformed to meet your needs. There is a one car attached garage as well as a large shop area for additional vehicles, party barn, workshop or all of the above!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47546, Jasper, IN area.

Housing Distribution

Housing Statistics

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