30 Lakeview DrMount VernonIN47620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
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
Neighborhood data shown for ZIP Code: 47620, Mount Vernon, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,366
Multi-Family
179
Businesses
375
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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.