1408 Parkland TrailJeffersonvilleIN47130
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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 1408 Parkland Trail, Jeffersonville, IN, 47130 offers a 10.51% rental yield on a $262,500 purchase with $2,300/mo rent. Total monthly income registers $2,300/mo, and a $1,285/mo payment leaves $724/mo available for distribution. Annual cash flow reaches $8,689/yr on $87,019 to close, and return on cash invested stands at 29.89% in year one. Equity gained on principal adds $1,694/yr while 5% annual appreciation supports $72,524 over five years. Portfolio math shows five-year ROI at 156.2% and total cumulative return in cash at $135,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,300/mo property income against a $1,285/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
4,791 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: Teresa Wallace • Re/Max Premier Properties
Mls Name: SIRA
Mls ID: #2025011418