0 Lookout LnJeffersonvilleKY40337
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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 Jeffersonville at 0 Lookout Ln, Jeffersonville, KY, 40337 priced at $249,000 converts $1,284/mo rent into after a $1,219/mo obligation. Total monthly income equals $1,284/mo. Return on cash invested prints 16.18% in year one, and rental yield reads 6.19% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 82.86% and total cumulative return in cash sums $68,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,284/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 2023
1.92 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40337, Jeffersonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,446 (100%) |
| Owner Occupied HU | 1,761 (72.0%) |
| Renter Occupied HU | 466 (19.1%) |
| Vacant Housing Units | 219 ( 9.0%) |
| Median Home Value | $121,680 |
| Average Home Value | $140,209 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
52
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Listed by: Karen Bishop Saltzman • National Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24017623
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.