Investment Properties Under $200K in Mount Vernon, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Mount Vernon, IN

Property at 15800 Old Dam 49 Rd #49, Mount Vernon, IN
$ 175,000
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign445
  • 4 Bed
  • 3 Bath
  • 1560 sft
15800 Old Dam 49 Rd #49, Mount Vernon, IN, 47620
Property at 1224 E 3rd St, Mount Vernon, IN
Currently Rented
$ 137,854
ROI
33.6ROI percentage
Cash Flow/m
Dollar sign532
  • 3 Bed
  • 1 Bath
  • 1152 sft
1224 E 3rd St, Mount Vernon, IN, 47620
Property at 1228 E 3rd St, Mount Vernon, IN
$ 115,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign187
  • 2 Bed
  • 1 Bath
  • 1264 sft
1228 E 3rd St, Mount Vernon, IN, 47620
Property at 407 W 4th St, Mount Vernon, IN
$ 165,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign188
  • 3 Bed
  • 1 Bath
  • 1344 sft
407 W 4th St, Mount Vernon, IN, 47620

Why Invest in Mount Vernon, Indiana?

Investing in Mount Vernon, Indiana offers opportunities for purchasing properties under $200,000. The area is experiencing a steady rental demand with a rental yield around 8%, making it appealing for investors looking for affordable entry points. Additionally, with an average appreciation rate of 3.5%, your investment may grow in value over time.

10%
Avg. ROI
8%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent in Mount Vernon is approximately $900 per month, making it affordable for both residents and investors.

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