3256 Bittersweet DrJasperIN47546
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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
Investment Highlights
Investment property for sale in Jasper at 3256 Bittersweet Dr, Jasper, IN, 47546 with 5% annual appreciation on a $320,000 basis while $2,566/mo rent supports operations. Total monthly income totals $2,566/mo and a $1,566/mo payment preserves $636/mo for cash returns. Annual cash flow comes to $7,629/yr on $106,080 deployed, and return on cash invested reaches 27.1% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 9.62%. Five-year ROI measures 141.21% and total cumulative return in cash totals $149,799.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,566/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.60 Acres 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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Listed by: Arlet D Jackle • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202428316
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.