312 E 2nd StBicknellIN47512
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 312 E 2nd St, Bicknell, IN, 47512 in Bicknell. At $135,500 it earns $1,060/mo in rent and distributes $247/mo to the owner after the $609/mo payment, a consistent 9.39% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $37,436 in value; $1,248/yr in principal paydown compounds ownership stake. Total projected return: $67,151.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $247 | $500 |
City averages based on Bicknell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,060 |
| Total Monthly Debt Service | $759 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1894
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47512, Bicknell, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,577
Single Family
1,562
Multi-Family
15
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1894
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47512, Bicknell, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,577
Single Family
1,562
Multi-Family
15
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices