2123 Newton StJasperIN47546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Jasper at 2123 Newton St, Jasper, IN, 47546 offers $2,059/mo rent that, after a $1,168/mo payment, leaves $524/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $6,292/yr on $79,096 cash. Return on cash invested measures 27.86% in year one, and rental yield stands at 10.36% at a $238,600 entry. Equity gained on principal adds $1,540/yr while 5% annual appreciation compounds into $65,921 by year five. Five-year ROI records 145.87% and total cumulative return in cash reaches $115,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,168/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,829
Single Family
9,428
Multi-Family
401
Businesses
754
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