537 Main StreetJeffersonvilleIN47130
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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 537 Main Street, Jeffersonville, IN, 47130 priced at $137,900 pairs $1,115/mo rent with $287/mo cash flow after a $675/mo payment. Total monthly income equals $1,115/mo, and annual cash flow comes to $3,446/yr on $45,714 invested. Return on cash invested is 27.45% in year one, and rental yield stands at 9.7% on a $137,900 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,099 by year five. Five-year ROI measures 143.09% and total cumulative return in cash reaches $65,411. For financing, Ziffy Mortgage’s DSCR program evaluates $1,115/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,840 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: Brian Haeseley • Keller Williams Realty Consultants
Mls Name: SIRA
Mls ID: #202605577