








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 4828 N Us Highway 231, Jasper, IN, 47546 listed at $208,000 pairs $2,266/mo rent with a $1,018/mo payment to leave $999/mo cash flow. Total monthly income runs $2,266/mo, and annual cash flow reaches $11,983/yr on $68,952 cash to close. Return on cash invested measures 37.29% in year one, and rental yield registers 13.07% at a $208,000 basis. Equity gained on principal adds $1,342/yr, and annual property appreciation at 5% supports $57,467 by year five. Five-year ROI tracks 195.91% and total cumulative return in cash totals $135,084. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,266/mo property income relative to a $1,018/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.68 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 |
|---|---|---|
| 2025-02-03 | Sold | $208,000 |
| 2024-12-30 | Pending sale | $219,900 |
| 2024-10-29 | Price change | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1952.14 | 10.60% | $149,900 | 10.63% |
| 2023-10-22 | $1765.04 | 212.76% | $135,500 | 13.01% |
| 2022-10-22 | $564.34 | 12.74% | $119,900 | 16.98% |



Listed by: Kevin R Bayer • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202327923
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.