611 Kewanna DriveJeffersonvilleIN47130
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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 611 Kewanna Drive, Jeffersonville, IN, 47130 offers $2,426/mo rent that, after a $1,272/mo payment, leaves $866/mo cash flow. Total monthly income is $2,426/mo, and annual cash flow is $10,391/yr on $86,157 cash. Return on cash invested measures 31.97% in year one, and rental yield stands at 11.2% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 167.27% and total cumulative return in cash reaches $144,118. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,426/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
7,492 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: Cheryl Martin • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #2025011924