








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 2450 Kihn Ln, Mount Vernon, IN, 47620 generates $2,470/mo in rent and, after a $1,590/mo payment, leaves $520/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $6,239/yr on $107,700 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.12% on a $324,888 entry. Equity gained on principal adds $2,096/yr, while 5% annual appreciation builds toward $89,761 over five years. Five-year ROI reaches 133.65% and total cumulative return in cash sums $143,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
1.39 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 |
|---|---|---|
| 2025-06-23 | Listed for sale | $324,888 |
| 2021-03-24 | Listing removed | N/A |
| 2015-01-18 | Listing removed | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $1676.28 | 1.00% | $225,200 | 7.49% |
| 2023-06-25 | $1659.72 | 12.83% | $209,500 | 6.56% |
| 2022-06-25 | $1470.96 | 1.03% | $196,600 | 8.92% |



Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524064
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.