132 Spring Meadows DrJeffersonvilleKY40337
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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 132 Spring Meadows Dr, Jeffersonville, KY, 40337 offers a 7.54% rental yield on a $269,000 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $1,317/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $629/yr on $89,174 to close, and return on cash invested stands at 20.61% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 106.51% and total cumulative return in cash at $94,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.02 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
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Listed by: Joshua A Davis • The Agency
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012873
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.