3902 Wheat AvenueJeffersonvilleIN47130
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 3902 Wheat Avenue, Jeffersonville, IN, 47130 generates $2,436/mo in rent and, after a $1,223/mo payment, leaves $936/mo in cash flow. Total monthly income is $2,436/mo, and annual cash flow is $11,232/yr on $82,842 invested. Return on cash invested sits at 33.47% in year one, and rental yield is 11.7% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 175.36% and total cumulative return in cash sums $145,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,436/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassidy Ruhlig • First Saturday Real Estate
Mls Name: SIRA
Mls ID: #202605217