922 Spruce Dr, Jasper, IN, 47546 | 4.68% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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922 Spruce Dr, Jasper, IN, 47546 | 4.68% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Jasper at 922 Spruce Dr, Jasper, IN, 47546 generates $1,440/mo in rent, after a $1,806/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 12.31% in year one, and rental yield is 4.68% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 61.86% and total cumulative return in cash sums $75,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Searching for a brand-new home with a 3-bedroom, 2-bath split floor plan? Look no further! This stunning Kerstien-built home offers exceptional curb appeal and fresh landscaping thats sure to impress. Step inside to an inviting open floor plan featuring a spacious living room with beautiful coffered ceilings, seamlessly connected to a well-appointed kitchen complete with brand-new appliances. Two comfortable bedrooms and a full bath are located just off the kitchen, while the owners suite occupies the opposite side of the home for added privacy. The suite includes a walk-in shower, double-bowl vanity, and a generous walk-in closet. A drop zone and laundry area add convenience to everyday living. Enjoy plenty of parking with the attached two-car garage and large driveway. Relax or entertain on the covered patio overlooking the spacious 0.5-acre yard. Dont miss your chance to own this beautiful new home in Brookstone Estates

Neighborhood Data

Neighborhood data shown for ZIP Code: 47546, Jasper, IN area.

Housing Distribution

Housing Statistics

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