119 Spruce Valley RdJeffersonvilleKY40337
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 119 Spruce Valley Rd, Jeffersonville, KY, 40337 in Jeffersonville. Rental yield 0%. At $685,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $189,253 in new equity by year five, complemented by $6,309/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Jeffersonville market data in our database. Property projections are estimates.
Single Family
Built in 2002
34.25 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
34.25 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jacqueline Townsend • SimpliHOM
Mls Name: Imagine MLS
Mls ID: #25506957