923 Jackson StJasperIN47546
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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
Investment Highlights
Rental property for sale in Jasper at 923 Jackson St, Jasper, IN, 47546 priced at $189,000 converts $1,835/mo rent into $701/mo cash flow after a $925/mo obligation. Total monthly income equals $1,835/mo, and annual cash flow totals $8,406/yr on $62,654 invested. Return on cash invested prints 33.33% in year one, and rental yield reads 11.65% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 174.58% and total cumulative return in cash sums $109,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,835/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,829
Single Family
9,428
Multi-Family
401
Businesses
754
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