2451 N 440th Rd W, Jasper, IN, 47546 | 6.93% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2451 N 440th Rd W, Jasper, IN, 47546 | 6.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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1376 N Hayland Dr, Jasper, IN, 47546

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

Total monthly income runs $2,292/mo, and a $1,943/mo payment. Purchase price stands at $397,000, and rental yield measures 6.93% with $2,292/mo rent. Return on cash invested shows 19.08% in year one, and 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 98.13% and total cumulative return in cash records $129,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,943/mo payment rather than investor’s personal income.

Single Family

Built in 1987

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

DEAD END LOCATION WITH COUNTRY VIEWS on Ireland's east side. The stone/brick exterior gives a textured appearance as you approach this three-bedroom two-bath home with partially finished basement. Inside, a spacious living room is to the right, straight ahead is an open dining area with rear yard access and a kitchen that has an abundance of counter space, this accommodating layout makes meal preparation simple. The master bedroom has a private bath and the second and third bedrooms have easy access to a hall bath. Your relaxation could be the covered patio with pergola, fireplace, and children's play set. Included are an oversized attached two-car garage, a backup generator, detached 16x24 concrete floored garage plus additional features being newer ceiling fans, LED basement lighting, new gas water heater, and most appliances are less than four years old...sounds nice, doesn't it?

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