702 Webster BoulevardJeffersonvilleIN47130
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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 702 Webster Boulevard, Jeffersonville, IN, 47130 priced at $180,000 converts $1,681/mo rent into $601/mo cash flow after a $881/mo obligation. Total monthly income equals $1,681/mo, and annual cash flow totals $7,206/yr on $59,670 invested. Return on cash invested prints 31.99% in year one, and rental yield reads 11.21% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 167.41% and total cumulative return in cash sums $99,893. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.29 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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Listed by: Fancy Smith • RE/MAX FIRST
Mls Name: SIRA
Mls ID: #202605377