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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 6982 N Us Highway 231, Jasper, IN, 47546 uses $62,985 cash to close to unlock $6,665/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,696/mo, and a $930/mo payment keeps the spread at $555/mo. Purchase price stands at $190,000, and rental yield measures 10.71% with $1,696/mo rent. Return on cash invested shows 30.49% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 159.37% and total cumulative return in cash records $100,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,696/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.34 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 |
|---|---|---|
| 2025-02-25 | Sold | $190,000 |
| 2024-11-20 | Pending sale | $199,900 |
| 2024-10-08 | Price change | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $120.34 | 2.00% | $143,500 | 10.81% |
| 2023-10-22 | $117.98 | N/A | $129,500 | 14.80% |
| 2022-10-22 | N/A | N/A | $112,800 | 17.01% |
What's Special
Storage
Listed by: Elizabeth Mehringer • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202414345
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.
