1050 RHONDA DriveJeffersonvilleIN47130
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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 1050 RHONDA Drive, Jeffersonville, IN, 47130 generates $1,816/mo in rent and, after a $808/mo payment, leaves $825/mo in cash flow. Total monthly income is $1,816/mo, and annual cash flow is $9,901/yr on $54,698 invested. Return on cash invested sits at 38.01% in year one, and rental yield is 13.21% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 199.75% and total cumulative return in cash sums $109,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,359 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: Michelle Schnell-Gammons • 1% Lists Purple Door IN KY
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010220
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.