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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% |
Investment property for sale in Jasper at 391 Gardenia Ln, Jasper, IN, 47546 listed at $329,700 pairs $1,440/mo rent with a $1,614/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 13.89% in year one, and rental yield registers 5.24% at a $329,700 basis. Equity gained on principal adds $2,128/yr, and annual property appreciation at 5% supports $91,090 by year five. Five-year ROI tracks 70.41% and total cumulative return in cash totals $76,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,614/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.25 Acres 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $329,700 |
| 2004-02-06 | Sold | $173,000 |
| 1998-10-23 | Sold | $137,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2839.80 | 18.37% | $279,800 | 0.25% |
| 2023-04-23 | $2399.00 | 11.90% | $279,100 | 18.72% |
| 2022-04-23 | $2143.92 | 6.84% | $235,100 | 12.11% |
Listed by: Brenda S Welsh • SELL4FREE-WELSH REALTY CORPORATION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513866
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.
