1906 Joy StreetJeffersonvilleIN47130
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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 1906 Joy Street, Jeffersonville, IN, 47130 earns $180/mo cash flow from $1,530/mo rent with a $1,101/mo payment. Total monthly income totals $1,530/mo, and annual cash flow totals $2,155/yr on $74,588 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.16% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash sums $88,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,530/mo property income instead of your personal income.
Single Family
Built in 1957
6,464 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: Bob Murphy • RE/MAX Advantage
Mls Name: SIRA
Mls ID: #2025010132