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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 908 W 4th St, Mount Vernon, IN, 47620 earns $1,939/mo cash flow from $2,563/mo rent with a $509/mo payment. Total monthly income totals $2,563/mo, and annual cash flow totals $23,265/yr on $34,476 capital. ROI tracks 87.39% on current figures, and rental yield reads 29.57% at a $104,000 purchase. Equity gained on principal adds $671/yr, and 5% annual appreciation supports $28,733 over five years. Five-year ROI reaches 464.53% and total cumulative return in cash sums $160,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,563/mo property income instead of your personal income.
Single Family
Built in 1920
5,662 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: Mitch Isbell • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls ID: #202530726
