1014 Morris AvenueJeffersonvilleIN47130
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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
Investment property for sale in Jeffersonville at 1014 Morris Avenue, Jeffersonville, IN, 47130 listed at $169,900 pairs $1,328/mo rent with a $832/mo payment to leave $308/mo cash flow. Total monthly income runs $1,328/mo, and annual cash flow reaches $3,692/yr on $56,322 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 9.38% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 137.77% and total cumulative return in cash totals $77,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,328/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47130, Jeffersonville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,959 (100%) |
| Owner Occupied HU | 14,147 (59.0%) |
| Renter Occupied HU | 8,079 (33.7%) |
| Vacant Housing Units | 1,733 ( 7.2%) |
| Median Home Value | $238,881 |
| Average Home Value | $268,900 |
Housing Distribution
Address Breakdown
Residential
23,377
Single Family
20,941
Multi-Family
2,436
Businesses
1,498
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Listed by: Billie Olson • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #2025010842