Fix And Flip Investment Properties for Sale in Mount Vernon, KY
Fix & Flip
$ 129,000
ROI
26.2
Cash Flow/m
232- 3 Bed
- 2 Bath
- 1036 sft
3205 Richmond St, Mount Vernon, KY, 40456
Fix & Flip
$ 150,000
ROI
26.6Cash Flow/m
285- 2 Bed
- 2 Bath
- 1024 sft
70 Liberty Dr, Mount Vernon, KY, 40456
Fix & Flip
$ 104,000
ROI
25.6Cash Flow/m
170- 2 Bed
- 1 Bath
- 950 sft
23 Pokeberry Ln, Mount Vernon, KY, 40456
Fix & Flip
$ 109,900
ROI
25.9Cash Flow/m
188- 2 Bed
- 2 Bath
- 980 sft
1310 Sowder School Rd, Mount Vernon, KY, 40456
Why Invest in Mount Vernon, Kentucky?
Investing in fix and flip properties in Mount Vernon, KY offers a unique opportunity to capitalize on the growing housing demand in this central Kentucky city. The market benefits from an average ROI of 12%, solid rental yields around 8%, and cap rates near 7%. Average cash flow from rental properties remains positive with rents averaging $900 per month, supporting steady appreciation near 4%. Renter occupancy rates are robust, indicating strong demand for rehabilitated homes.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Typical ROI for fix and flip projects in Mount Vernon averages around 12%, reflecting strong market demand and favorable conditions for property rehabilitation.
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