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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 916 2nd Ave, Jasper, IN, 47546 generates $1,724/mo in rent and, after a $1,116/mo payment, leaves $355/mo in cash flow. Total monthly income is $1,724/mo, and annual cash flow is $4,264/yr on $75,582 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.07% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 132.88% and total cumulative return in cash sums $100,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
10,018 sqft 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 |
|---|---|---|
| 2025-07-07 | Sold | $228,000 |
| 2025-05-28 | Pending sale | $225,000 |
| 2025-05-19 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $644.28 | 13.58% | $100,200 | 4.16% |
| 2023-10-21 | $567.24 | 25.12% | $96,200 | 17.03% |
| 2022-10-21 | $453.34 | 4.76% | $82,200 | 16.43% |
What's Special
Storage,Walk-up
Listed by: Kent Brenneman • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516844
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.
