4497 W Cypress Dr, Jasper, IN, 47546 | 2.4% Rental Yield

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4497 W Cypress Dr, Jasper, IN, 47546 | 2.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Jasper at 4497 W Cypress Dr, Jasper, IN, 47546 offers a 2.4% rental yield on a $539,900 purchase with $1,080/mo rent. 46% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 25.07% and total cumulative return in cash at $44,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2020

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully maintained 4-bedroom, 2 full and 2 half-bath Craftsman-style home (built in 2020) is sure to impress even the most discerning buyer. With charming curb appeal and a welcoming covered front porch, the home opens into a spacious living room featuring a coffered ceiling and seamless flow into the dining area and kitchen. The kitchen is thoughtfully designed with Quartz countertops, stainless steel appliances, a convenient pantry, and stylish finishes throughout. A desirable split-bedroom floor plan places the owner's suite on one side of the home for added privacy, complete with an ensuite. On the opposite side, you'll find three additional bedroomseach with walk-in closetsand a shared full bath with a double bowl vanity. The main level also includes a laundry room, drop zone, and a guest half-bath for added convenience. The basement adds an impressive additional 2,012 sq ft of versatile space, currently used as a recreational area, TV watching area, private office with egress window, storage room, and a half bath (plumbed for conversion to a full bath). It also includes plumbing for a future bar areaperfect for entertaining or future expansion. Car enthusiasts and hobbyists will love the attached two-car garage, plus a detached two-car garage with a covered patio. Situated on a spacious 0.52-acre lot, this exceptional home combines modern amenities, thoughtful design, and endless potential. Dont miss your chance to make it yours!

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