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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
Listed for sale 1 day ago
$ 165,000
ROI
25.9
Cash Flow/m
282- 3 Bed
- 2 Bath
- 1271 sft
831 Mill St, Mount Vernon, IN, 47620
Listed for sale 2 days ago
$ 149,900
ROI
32.0Cash Flow/m
510- 3 Bed
- 1 Bath
- 1300 sft
409 E Water St, Mount Vernon, IN, 47620
$ 145,000
ROI
28.8Cash Flow/m
366- 2 Bed
- 1 Bath
- 864 sft
1850 Westwood Dr, Mount Vernon, IN, 47620
$ 127,000
ROI
30.6Cash Flow/m
382- 5 Bed
- 4 Bath
- 3096 sft
527 College Ave, 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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