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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 3648 Sailer Rd, Mount Vernon, IN, 47620 listed at $239,900 pairs $1,717/mo rent with a $1,174/mo payment to leave $277/mo cash flow. Total monthly income runs $1,717/mo, and annual cash flow reaches $3,325/yr on $79,527 cash to close. Return on cash invested measures 24.09% in year one, and rental yield registers 8.59% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 125.07% and total cumulative return in cash totals $99,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,717/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
4 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rick Mileham • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls ID: #202545337
