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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% |
Rental property for sale in Mount Vernon at 9205 Amber Ln, Mount Vernon, IN, 47620 generates $2,790/mo in rent and, after a $2,203/mo payment, leaves $88/mo in cash flow. Total monthly income is $2,790/mo, and annual cash flow is $1,059/yr on $149,175 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 7.44% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash sums $158,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
1.43 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 | $450,000 |
| 2024-08-18 | Listing removed | N/A |
| 2024-05-20 | Price change | $469,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2472.80 | 5.35% | $357,800 | 18.75% |
| 2023-04-18 | $2347.16 | 14.22% | $301,300 | 9.64% |
| 2022-04-18 | $2054.92 | 2.09% | $274,800 | 14.17% |
Listed by: Jennifer McBride • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513342
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.
