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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% |
Total monthly income runs $1,052/mo, and a $974/mo payment. Purchase price stands at $199,000, and rental yield measures 6.34% with $1,052/mo rent. Return on cash invested shows 17.32% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 88.72% and total cumulative return in cash records $58,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,052/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.44 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $199,000 |
| 2018-01-05 | Sold | $31,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-03-26 | $261.00 | -2.25% | $8,700 | N/A |
| 2021-03-26 | $267.00 | N/A | $8,700 | -2.25% |
| 2020-03-26 | $267.00 | 97.78% | $8,900 | N/A |
Listed by: Delene I Schmitz • F.C. Tucker Emge
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509669
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.
