2624 Birk Dr, Jasper, IN, 47546 | $663/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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

Rental property for sale in Jasper at 2624 Birk Dr, Jasper, IN, 47546 generates $1,562/mo in rent and, after a $733/mo payment, leaves $663/mo in cash flow. Total monthly income is $1,562/mo, and annual cash flow is $7,956/yr on $49,659 invested. Return on cash invested sits at 35.93% in year one, and rental yield is 12.51% on a $149,800 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,387 over five years. Five-year ROI reaches 188.49% and total cumulative return in cash sums $93,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,562/mo property income rather than buyer’s personal income.

Single Family

Built in 1953

9,713 sqft lot

$N/A/sqft

No HOA

More details about the property

Older charm with updates. Two story. Laminate wood flooring throughout first floor with hardwood floors underneath. Upstairs has carpeting. Appliances, furnishings optional. Has concrete driveway with 2 car carport. Has solar waterheater. Large back yard. Has full basement. Quiet neighborhood. Two golf courses are less then two miles from this home. A new golf course driving range will will be starting construction in the spring right behind property off of Mill St. Price negotiable. Roof, AC, Appliances less then 8 yrs old or less. Leave message if no answer. Motivated seller.

Neighborhood Data

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

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)10,013 (100%)
Owner Occupied HU6,765 (67.6%)
Renter Occupied HU2,608 (26.0%)
Vacant Housing Units640 ( 6.4%)
Median Home Value$270,554
Average Home Value$316,388

Address Breakdown

Residential

9,829

Single Family

9,428

Multi-Family

401

Businesses

754

Price History

Date

Event

Price

2024-11-08Listing removed$168,900
2024-03-04Price change$168,900
2024-02-07Listed for sale$174,500

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

2024-10-22$689.72240.50%$131,8009.47%
2023-10-22$202.56139.66%$120,40046.65%
2022-10-22$84.5283.82%$82,10012.93%
Loan officer
Loan officer
Loan officer
Powered by
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NMLS #2625701
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Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1953
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: 768 sqft
  • Property Condition: N/A

Features & Amenities

  • Heating: Forced air, Other, Gas
  • Cooling: Central
  • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
  • Interior Features: N/A
  • Exterior Features: Other
  • Parking Features: Carport, Off-street, On-street

Location

  • City: Jasper
  • State: IN
  • Subdivision: N/A
  • Lot Size: 9,713 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: N/A • N/A 

Mls Name: undefined

Mls ID: #N/A

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