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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 30 Lakeview Dr, Mount Vernon, IN, 47620 at $549,900 posts ROI 50.64% with $4,611/mo cash flow from $7,936/mo rent. Total monthly income equals $7,936/mo, and annual cash flow records $55,326/yr on $180,917 to close. Return on cash invested measures 50.64% and rental yield reads 17.32% at the current $549,900. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 by year five. Five-year ROI prints 267.43% and total cumulative return in cash totals $483,830.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,936/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
1.05 Acres lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2025-03-21 | Sold | $549,900 |
| 2025-02-26 | Pending sale | $549,900 |
| 2025-01-17 | Price change | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $3558.00 | N/A | $381,200 | 7.14% |
| 2023-10-23 | N/A | N/A | $355,800 | 6.46% |
| 2022-10-23 | $3162.00 | 13.21% | $334,200 | 10.81% |
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Listed by: Deanne S Naas • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433873
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.
