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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 4125 Oliver Springfield Rd, Mount Vernon, IN, 47620 earns $258/mo cash flow from $1,458/mo rent with a $978/mo payment. Total monthly income totals $1,458/mo, and annual cash flow totals $3,101/yr on $66,263 capital. ROI tracks 24.59% on current figures, and rental yield reads 8.75% at a $199,888 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,225 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $84,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,458/mo property income instead of your personal income.
Single Family
Built in 1900
1.56 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $199,888 |
| 2022-11-29 | Sold | $160,000 |
| 2022-10-05 | Pending sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $677.12 | -3.06% | $158,700 | 35.76% |
| 2023-04-19 | $698.50 | 32.21% | $116,900 | 5.89% |
| 2022-04-19 | $528.32 | -7.01% | $110,400 | 16.21% |
Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513300
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.
