415 Meigs AvenueJeffersonvilleIN47130
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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 415 Meigs Avenue, Jeffersonville, IN, 47130 at $252,500 posts ROI 39.66% with $1,378/mo cash flow from $3,071/mo rent. Total monthly income equals $3,071/mo, and annual cash flow records $16,531/yr on $83,704 to close. Return on cash invested measures 39.66% and rental yield reads 14.59% at the current $252,500. Equity gained on principal adds $1,629/yr, and 5% annual appreciation supports $69,761 by year five. Five-year ROI prints 209.44% and total cumulative return in cash totals $175,311.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,071/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1864
7,187 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
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Listed by: Kelley Curran • Southern Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010612
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.