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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 12691 Point Rd, Mount Vernon, IN, 47620 earns from $1,364/mo rent with a $1,762/mo payment. Total monthly income totals $1,364/mo. ROI tracks 11.89% on current figures, and rental yield reads 4.55% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 59.61% and total cumulative return in cash sums $71,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,364/mo property income instead of your personal income.
Single Family
Built in 1964
40 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mitch Schulz • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls ID: #202531261
