3407 Elaine Avenue #107JeffersonvilleIN47130
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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 3407 Elaine Avenue #107, Jeffersonville, IN, 47130 earns $466/mo cash flow from $2,299/mo rent with a $1,413/mo payment. Total monthly income totals $2,299/mo, and annual cash flow totals $5,594/yr on $95,671 capital. ROI tracks 25.76% on current figures, and rental yield reads 9.56% at a $288,600 purchase. Equity gained on principal adds $1,862/yr, and 5% annual appreciation supports $79,735 over five years. Five-year ROI reaches 134.44% and total cumulative return in cash sums $128,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,299/mo property income instead of your personal income.
Single Family
Built in 2023
4,660 sqft lot
$N/A/sqft
$1,200 annually 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: Sophia O'Coffey • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #202506524
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.