117 S 2nd StJeffersonvilleIN47130
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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 117 S 2nd St, Jeffersonville, IN, 47130 offers a 11.57% rental yield on a $169,500 purchase with $1,634/mo rent. Total monthly income registers $1,634/mo, and a $830/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,394/yr on $56,189 to close, and return on cash invested stands at 33.07% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 173.24% and total cumulative return in cash at $97,340. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,634/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,000 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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