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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

Fix & Flip
Listed for sale today
$ 119,500
ROI
25.7
Cash Flow/m
197- 3 Bed
- 1 Bath
- 1482 sft
2280 Curtis Rd, Mount Vernon, IN, 47620

Listed for sale today
$ 155,000
ROI
28.7
Cash Flow/m
385- 2 Bed
- 1 Bath
- 1481 sft
505 W 2nd St, Mount Vernon, IN, 47620

Listed for sale today
$ 158,000
ROI
26.1
Cash Flow/m
280- 3 Bed
- 1 Bath
- 1222 sft
1300 Harriett St, Mount Vernon, IN, 47620

$ 158,500
ROI
32.0
Cash Flow/m
541- 3 Bed
- 1 Bath
- 997 sft
1128 E 2nd 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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