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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 1323 Oriole Cir, Mount Vernon, IN, 47620 listed at $285,000 pairs $2,413/mo rent with a $1,395/mo payment to leave $702/mo cash flow. Total monthly income runs $2,413/mo, and annual cash flow reaches $8,425/yr on $94,478 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 10.16% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 150.46% and total cumulative return in cash totals $142,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,413/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
9,147 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 |
|---|---|---|
| 2025-03-10 | Listed for sale | $285,000 |
| 2018-01-30 | Sold | $129,000 |
| 2017-11-17 | Price change | $134,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $2227.00 | N/A | $239,400 | 7.50% |
| 2023-03-12 | N/A | N/A | $222,700 | 6.81% |
| 2022-03-12 | $1721.00 | 0.94% | $208,500 | 21.15% |
Listed by: Angela Simpkins • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507464
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.
