890 Science Ridge RdJeffersonvilleKY40337
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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 890 Science Ridge Rd, Jeffersonville, KY, 40337 uses $66,267 cash to close to unlock $3,381/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $978/mo payment keeps the spread at $282/mo. Purchase price stands at $199,900, and rental yield measures 8.99% with $1,498/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 130.07% and total cumulative return in cash records $86,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40337, Jeffersonville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,446 (100%) |
| Owner Occupied HU | 1,761 (72.0%) |
| Renter Occupied HU | 466 (19.1%) |
| Vacant Housing Units | 219 ( 9.0%) |
| Median Home Value | $121,680 |
| Average Home Value | $140,209 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
52
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Listed by: Whitney Thorpe • Sandy Stuart Realty
Mls Name: Imagine MLS
Mls ID: #25500430