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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bicknell at 303 S Main St, Bicknell, IN, 47512 generates $1,320/mo in rent and, after a $685/mo payment, leaves $480/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $5,758/yr on $46,410 invested. Return on cash invested sits at 32.32% in year one, and rental yield is 11.31% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 169.15% and total cumulative return in cash sums $78,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
0.69 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 |
|---|---|---|
| 2025-10-21 | Sold | $140,000 |
| 2025-09-17 | Pending sale | $149,900 |
| 2025-08-26 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $774.32 | -4.03% | $92,700 | 7.54% |
| 2023-10-24 | $806.86 | 14.75% | $86,200 | 9.11% |
| 2022-10-24 | $703.12 | 4.17% | $79,000 | 20.06% |
Listed by: Kristi Ritz • KNOX COUNTY REALTY, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534206
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.
