Market snapshot
This report covers ZIP 62864, Mount Vernon, IL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 62864
In the last 12 months, 3 properties in ZIP 62864 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $19K in gross margin before rehab, carrying, and closing costs, with a median hold time of 161 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | GOWEN MICHAEL F | 1 |
| 2 | CASTLEROCK 2023 LLC | 1 |
| 3 | H & S DREAM HOME RENOVATORS LLC | 1 |
Recent example
17647 N OLD CENTRALIA LN, MOUNT VERNON, IL, 62864 · GOWEN MICHAEL F
Bought $364,000, sold $380,000 (+$16K), held 384 days.
Recent investor purchases in ZIP 62864
33 investor purchases in ZIP 62864 in the last 6 months, at a median price of $50K. 70% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 16, 2026 | 1029 S 17TH ST | JONES CHARLES | $25K | Cash |
| Oct 15, 2026 | 432 S 21ST ST | PRN PATRIOT HOUSING LLC | $25K | Cash |
| Oct 7, 2026 | 118 E LAST ST | PRN PATRIOT HOUSING LLC | $20K | Cash |
| Oct 7, 2026 | 120 E LAST ST | PRN PATRIOT HOUSING LLC | $20K | Cash |
| Oct 2, 2026 | 710 PAVEY AVE | MMSD IL LLC | $195K | Financed |
| Sep 30, 2026 | 718 HARRISON ST | FAST LANE HOME BUYING 7 LLC | $24K | Cash |
| Sep 29, 2026 | 812 PARK AVE | PRN PATRIOT HOUSING LLC | $18K | Cash |
| Sep 28, 2026 | 2207 CASEY AVE | OUSLEY JAMES M | $21K | Cash |
| Sep 21, 2026 | 13754 N 2 MILE CREEK LN | ROE MICHAEL | $13K | Cash |
| Sep 15, 2026 | 1 SUNSET DR | MARENGO HOLDINGS LLC | $2.6M | Cash |
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See every flip in 62864, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.