Furnished Short-Term
For Sale
$269,000
726 Veronica Pl, Jeffersonville, IN 47130
Active Airbnb with contemporary finishes, covered porches, a fenced yard, and furnishings included.
Property Size1,320 SF
Price / SF$203.79
Days on Market9
Property Features for 726 Veronica Pl
General Information
Standard status
Active
Size
1,320 SF
Total Parking Spaces
1
Property subtype
Other
Zoning
R4
Additional Details
Furnished
Yes
Amenities
open floor plan
white cabinets
tile backsplash
granite countertops
breakfast bar
LVP flooring
stainless steel appliances
double vanity
tiled shower
covered front and back porches
fenced-in yard
Power
Water
Sewer
1 Parking Spaces
Building Details
Year Built
2022
Listing Agency:
Weichert REALTORS-ABG
Listed By:
John Finnegan · License #210523
(502) 442-1995
Source:
Kcrea.resimplifi
Added: Sep 10
Changed: Sep 14
Last Checked: Sep 18 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert REALTORS-ABG
Investment Insights
Based on property information with market context.
This active short-term rental is a 2022-built property with 1,320 square feet of interior space, an open arrangement, and modern finishes throughout. The kitchen includes white cabinetry, a tiled backsplash, granite counters, a breakfast bar, luxury vinyl plank flooring, and stainless steel appliances. The main suite features a double vanity and tiled shower, while covered porches at the front and rear expand the usable space. A fenced yard adds privacy, and the sale includes all furnishings. The property is located at 726 Veronica Pl in Jeffersonville, Indiana, and carries R4 zoning.
Key Highlights
- Active Airbnb with all furnishings included
- Built in 2022 with 1,320 square feet
- Kitchen with granite counters, breakfast bar, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,913
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,260
$278.3K
Cap Rate 7%
$198,757
$198.8K
Cap Rate 9%
$154,589
$154.6K
Market Conditions
NOI Build-Up for 1,320 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.8K $20.28/SF
− Vacancy
−$1.5K −$1.12/SF
EGI
$25.3K $19.16/SF
− OpEx
−$11.4K −$8.62/SF
NOI
$13.9K $10.54/SF
Area
Clark County, IN
Vacancy
5.50%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,260
Cap Rate 7%
$198,757
Cap Rate 9%
$154,589
Alternative Uses
Best Use
Apartment 5plus
$198.8K
$173.9K – $231.9K
NOI $13,913 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.8K
$335.8K – $447.8K
NOI $26,865 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 47130, IN
48,481
Population
22,602
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
1,430
Density / Sq Mi
$68,412
Median Household Income
$40,941
Median Earnings
$1,090
Median Rent
$203,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Active Airbnb with contemporary finishes, covered porches, a fenced yard, and furnishings included.
Where is this short term rental property located?
The property is located at 726 Veronica Pl Jeffersonville, IN.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Active Airbnb with all furnishings included; Built in 2022 with 1,320 square feet; Kitchen with granite counters, breakfast bar, and stainless steel appliances
