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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 416 W 8th St, Jasper, IN, 47546 listed at $249,500 pairs $1,878/mo rent with a $1,221/mo payment to leave $380/mo cash flow. Total monthly income runs $1,878/mo, and annual cash flow reaches $4,566/yr on $82,709 cash to close. Return on cash invested measures 25.43% in year one, and rental yield registers 9.03% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 132.23% and total cumulative return in cash totals $109,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,878/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,488 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 |
|---|---|---|
| 2025-03-15 | Listed for sale | $249,500 |
| 2023-12-14 | Sold | $85,000 |
| 2023-12-01 | Pending sale | $99,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $444.72 | 2.00% | $85,000 | -45.83% |
| 2023-03-18 | $436.00 | 2.00% | $156,900 | 28.19% |
| 2022-03-18 | $427.46 | 2.00% | $122,400 | 17.02% |
Listed by: Yvonne Meyer • American Dream Mauntel Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508452
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.
