








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 2996 Hillview Ln, Mount Vernon, IN, 47620 earns from $1,224/mo rent with a $1,111/mo payment. Total monthly income totals $1,224/mo. ROI tracks 17.7% on current figures, and rental yield reads 6.47% at a $227,000 purchase. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 over five years. Five-year ROI reaches 90.79% and total cumulative return in cash sums $68,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,224/mo property income instead of your personal income.
Single Family
Built in 1958
0.61 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 |
|---|---|---|
| 2025-08-29 | Listed for sale | $227,000 |
| 2021-03-24 | Listing removed | N/A |
| 2020-10-16 | Listing removed | $168,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-31 | $1182.72 | N/A | $185,000 | 8.70% |
| 2023-08-31 | N/A | N/A | $170,200 | 17.22% |
| 2022-08-31 | $816.36 | 1.78% | $145,200 | 14.78% |



Listed by: Danielle Brooks • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534726
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.