Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 909 W 4th St, Mount Vernon, IN, 47620 uses $59,339 cash to close to unlock $3,321/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,355/mo, and a $876/mo payment keeps the spread at $277/mo. Purchase price stands at $179,000, and rental yield measures 9.08% with $1,355/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash records $78,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,355/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1946
7,840 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 |
|---|---|---|
| 2025-08-08 | Sold | $179,000 |
| 2025-07-05 | Pending sale | $179,900 |
| 2025-06-24 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1532.10 | 58.93% | $55,200 | 7.60% |
| 2023-10-23 | $964.00 | 7.59% | $51,300 | 6.43% |
| 2022-10-23 | $896.00 | -0.22% | $48,200 | 7.59% |
Listed by: Bailee Perry-Edmond • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524266
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.
