








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 400 W 9th St, Mount Vernon, IN, 47620 uses $50,885 cash to close to unlock $5,110/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $1,347/mo, and a $751/mo payment keeps the spread at $426/mo. Purchase price stands at $153,500, and rental yield measures 10.53% with $1,347/mo rent. Return on cash invested shows 29.95% in year one, and 5% annual appreciation builds toward $42,409 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash records $79,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,347/mo property income covering a $751/mo payment rather than investor’s personal income.
Single Family
Built in 1930
10,018 sqft 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: Jessica Lutz • Berkshire Hathaway HomeServices Indiana Realty
Mls Name: IRMLS
Mls ID: #202542994