216 Riverwood DriveJeffersonvilleIN47130
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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 216 Riverwood Drive, Jeffersonville, IN, 47130 with 5% annual appreciation on a $225,000 basis while $1,588/mo rent supports operations. Total monthly income totals $1,588/mo and a $1,101/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,851/yr on $74,588 deployed, and return on cash invested reaches 23.73% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.47%. Five-year ROI measures 123.12% and total cumulative return in cash totals $91,833.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,588/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.25 Acres 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: Mary Wallace • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #2025011714