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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% |
Investment property for sale in Bicknell at 312 E 2nd St, Bicknell, IN, 47512 offers a 9.39% rental yield on a $135,500 purchase with $1,060/mo rent. Total monthly income registers $1,060/mo, and a $663/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,962/yr on $44,918 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $874/yr while 5% annual appreciation supports $37,436 over five years. Portfolio math shows five-year ROI at 137.93% and total cumulative return in cash at $61,958. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,060/mo property income against a $663/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
6,969 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lori Cardinal • RE/MAX Mainstream
Mls Name: IRMLS
Mls ID: #202523784
