1710 New Albany-Chas Road UNIT 23JeffersonvilleIN47130
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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 1710 New Albany-Chas Road UNIT 23, Jeffersonville, IN, 47130 offers a 9.5% rental yield on a $156,000 purchase with $1,235/mo rent. Total monthly income registers $1,235/mo, and a $764/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,309/yr on $51,714 to close, and return on cash invested stands at 22.44% in year one. Equity gained on principal adds $1,007/yr while 5% annual appreciation supports $43,100 over five years. Portfolio math shows five-year ROI at 117.84% and total cumulative return in cash at $60,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,235/mo property income against a $764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1,960 sqft lot
$N/A/sqft
$189 monthly 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: Madonna S Moody • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #202506957
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.