623 KewannaJeffersonvilleIN47130
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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 623 Kewanna, Jeffersonville, IN, 47130 with 5% annual appreciation on a $200,000 basis while $1,338/mo rent supports operations. Total monthly income totals $1,338/mo and a $979/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,648/yr on $66,300 deployed, and return on cash invested reaches 22.39% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.03%. Five-year ROI measures 115.96% and total cumulative return in cash totals $76,880.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,338/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
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: Ruth Stewart • Nest Realty
Mls Name: SIRA
Mls ID: #2025012507