408 S Front StJeffersonvilleIN47130
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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
Rental property for sale in Jeffersonville at 408 S Front St, Jeffersonville, IN, 47130 generates $3,295/mo in rent, after a $2,553/mo payment. Total monthly income is $3,295/mo. Return on cash invested sits at 19.41% in year one, and rental yield is 7.58% on a $521,700 entry. Equity gained on principal adds $3,366/yr, while 5% annual appreciation builds toward $144,136 over five years. Five-year ROI reaches 100.53% and total cumulative return in cash sums $172,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,295/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1 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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