








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Edwardsport at 214 W 8th St, Edwardsport, IN, 47512 listed at $154,900 pairs $1,586/mo rent with a $758/mo payment to leave $656/mo cash flow. Total monthly income runs $1,586/mo, and annual cash flow reaches $7,876/yr on $51,349 cash to close. Return on cash invested measures 35.25% in year one, and rental yield registers 12.29% at a $154,900 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,796 by year five. Five-year ROI tracks 184.91% and total cumulative return in cash totals $94,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,586/mo property income relative to a $758/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47512, Bicknell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,031 (100%) |
| Owner Occupied HU | 1,175 (57.9%) |
| Renter Occupied HU | 504 (24.8%) |
| Vacant Housing Units | 352 (17.3%) |
| Median Home Value | $96,475 |
| Average Home Value | $144,134 |
Residential
1,577
Single Family
1,562
Multi-Family
15
Businesses
89
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Sold | $154,900 |
| 2024-10-21 | Pending sale | $159,900 |
| 2024-10-08 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1020.00 | -16.46% | $116,800 | 14.51% |
| 2023-10-22 | $1221.00 | 16.44% | $102,000 | 7.94% |
| 2022-10-22 | $1048.58 | 3.11% | $94,500 | 17.25% |



Listed by: Lori Cardinal • RE/MAX Mainstream
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438929
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.