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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% |
Rental property for sale in Mount Vernon at 1107 E 5th St, Mount Vernon, IN, 47620 generates $1,535/mo in rent and, after a $954/mo payment, leaves $365/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $4,380/yr on $64,609 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.45% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 138.93% and total cumulative return in cash sums $89,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,969 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 |
|---|---|---|
| 2025-04-08 | Listed for sale | $194,900 |
| 2020-06-24 | Sold | $137,000 |
| 2020-05-29 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $1159.00 | N/A | $140,500 | 21.23% |
| 2023-04-09 | N/A | N/A | $115,900 | 6.92% |
| 2022-04-09 | $974.00 | 6.92% | $108,400 | 11.29% |
What's Special
Pull Down Stairs,Storage
Listed by: Pam Muensterman • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511783
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.
