3409 Stenger LaneJeffersonvilleIN47130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Jeffersonville at 3409 Stenger Lane, Jeffersonville, IN, 47130 generates $996/mo in rent and, after a $611/mo payment, leaves $247/mo in cash flow. Total monthly income is $996/mo, and annual cash flow is $2,959/yr on $41,404 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.57% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 140.96% and total cumulative return in cash sums $58,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $996/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
1.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Brown • Ward Realty Services
Mls Name: SIRA
Mls ID: #202605093