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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mount Vernon at 1100 W 3rd St, Mount Vernon, IN, 47620 earns $858/mo cash flow from $1,590/mo rent with a $597/mo payment. Total monthly income totals $1,590/mo, and annual cash flow totals $10,293/yr on $40,443 capital. ROI tracks 45.36% on current figures, and rental yield reads 15.64% at a $122,000 purchase. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,706 over five years. Five-year ROI reaches 239.12% and total cumulative return in cash sums $96,707. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,590/mo property income instead of your personal income.
Single Family
Built in 1920
5,597 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47620, Mount Vernon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,740 (100%) |
| Owner Occupied HU | 4,069 (70.9%) |
| Renter Occupied HU | 1,198 (20.9%) |
| Vacant Housing Units | 473 ( 8.2%) |
| Median Home Value | $238,289 |
| Average Home Value | $269,466 |
Residential
5,545
Single Family
5,366
Multi-Family
179
Businesses
375
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $122,000 |
| 2025-07-21 | Pending sale | $119,900 |
| 2025-07-01 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $694.00 | N/A | $34,800 | 0.29% |
| 2023-11-02 | N/A | N/A | $34,700 | 0.58% |
| 2022-11-02 | $640.00 | -10.11% | $34,500 | 7.81% |
Listed by: Cori Walton • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518530
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
