








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 5845 N Golf Course Rd, Bicknell, IN, 47512 earns $605/mo cash flow from $2,466/mo rent with a $1,517/mo payment. Total monthly income totals $2,466/mo, and annual cash flow totals $7,265/yr on $102,765 capital. ROI tracks 26.98% on current figures, and rental yield reads 9.55% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 140.53% and total cumulative return in cash sums $144,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,466/mo property income instead of your personal income.
Single Family
Built in 1991
0.98 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 |
|---|---|---|
| 2025-03-10 | Sold | $310,000 |
| 2025-03-07 | Pending sale | $325,000 |
| 2024-11-12 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1148.24 | 18.85% | $242,600 | 8.21% |
| 2023-10-22 | $966.14 | 18.85% | $224,200 | 21.65% |
| 2022-10-22 | $812.94 | 67.18% | $184,300 | 18.22% |



Listed by: Trey R Miller • RE/MAX Mainstream
Mls Name: IRMLS
Mls Provider:
Mls ID: #202306670
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.