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 1136 E Water St, Mount Vernon, IN
$ 150,000
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign514
  • 2 Bed
  • 1 Bath
  • 1102 sft
1136 E Water St, Mount Vernon, IN, 47620
Property at 1124 E 4th St, Mount Vernon, IN
$ 109,900
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign221
  • 2 Bed
  • 1 Bath
  • 816 sft
1124 E 4th St, Mount Vernon, IN, 47620
Property at 821 Mill St, Mount Vernon, IN
$ 155,000
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign322
  • 3 Bed
  • 1 Bath
  • 1120 sft
821 Mill St, Mount Vernon, IN, 47620
Property at 703 N Main St, Mount Vernon, IN
$ 149,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign265
  • 3 Bed
  • 2 Bath
  • 2355 sft
703 N Main 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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