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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% |
Rental property for sale in Jasper at 582 E 36th St, Jasper, IN, 47546 generates $2,272/mo in rent and, after a $1,322/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,272/mo, and annual cash flow is $7,809/yr on $89,505 invested. Return on cash invested sits at 28.63% in year one, and rental yield is 10.1% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 149.4% and total cumulative return in cash sums $133,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.74 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 |
|---|---|---|
| 2025-04-03 | Sold | $270,000 |
| 2025-03-18 | Pending sale | $285,000 |
| 2025-03-12 | Price change | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2024.18 | 10.74% | $274,000 | 3.71% |
| 2023-10-22 | $1827.86 | 8.68% | $264,200 | 17.74% |
| 2022-10-22 | $1681.92 | 4.94% | $224,400 | 14.37% |
Listed by: Larry Carpenter III • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202442559
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.
