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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 1112 E 4th St, Mount Vernon, IN, 47620 offers a 10.81% rental yield on a $125,000 purchase with $1,126/mo rent. Total monthly income registers $1,126/mo, and a $612/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,506/yr on $41,438 to close, and return on cash invested stands at 30.78% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 160.94% and total cumulative return in cash at $66,689. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,126/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
9,408 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $125,000 |
| 2005-09-21 | Sold | $48,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $944.00 | 8.01% | $49,900 | 5.72% |
| 2022-10-15 | $874.00 | 2.82% | $47,200 | 8.01% |
| 2021-10-15 | $850.00 | 2.16% | $43,700 | 2.82% |
Listed by: Aaron Wilson • Hahn Kiefer Real Estate Services
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431973
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.
