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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 4862 N Us Highway 231, Jasper, IN, 47546 listed at $199,000 pairs $1,616/mo rent with a $974/mo payment to leave $420/mo cash flow. Total monthly income runs $1,616/mo, and annual cash flow reaches $5,043/yr on $65,969 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 9.74% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 143.66% and total cumulative return in cash totals $94,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,616/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.36 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 |
|---|---|---|
| 2025-08-28 | Sold | $199,000 |
| 2025-07-30 | Pending sale | $199,900 |
| 2025-05-19 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1665.44 | 230.37% | $130,500 | 12.89% |
| 2023-10-22 | $504.12 | 28.46% | $115,600 | 13.00% |
| 2022-10-22 | $392.42 | 8.79% | $102,300 | 17.05% |
Listed by: Kevin R Bayer • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202246680
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.
