902 Penn StreetJeffersonvilleIN47130
Nearby investment properties with comparable rents
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
Investment property for sale in Jeffersonville at 902 Penn Street, Jeffersonville, IN, 47130 uses $46,410 cash to close to unlock $2,758/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $685/mo payment keeps the spread at $230/mo. Purchase price stands at $140,000, and rental yield measures 9.17% with $1,070/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 134.45% and total cumulative return in cash records $62,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1971
3,781 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elliott Quillo • RE/MAX Ability Plus
Mls Name: SIRA
Mls ID: #2025013246