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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% |
Rental property for sale in Jasper at 253 3rd Ave, Jasper, IN, 47546 generates $1,390/mo in rent and, after a $732/mo payment, leaves $492/mo in cash flow. Total monthly income is $1,390/mo, and annual cash flow is $5,908/yr on $49,559 invested. Return on cash invested sits at 31.83% in year one, and rental yield is 11.16% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 166.6% and total cumulative return in cash sums $82,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
6,534 sqft 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 |
|---|---|---|
| 2025-03-21 | Listed for sale | $149,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $823.40 | 83.67% | $104,800 | -4.38% |
| 2023-03-24 | $448.30 | 7.24% | $109,600 | 49.12% |
| 2022-03-24 | $418.02 | -1.50% | $73,500 | 12.90% |
Listed by: Stacey A Thieman-Wright • THIEMAN REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509189
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.
