750 W Oak StBicknellIN47512
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
Investment Highlights
Rental property for sale in Bicknell at 750 W Oak St, Bicknell, IN, 47512 priced at $149,900 converts $1,693/mo rent into $793/mo cash flow after a $734/mo obligation. Total monthly income equals $1,693/mo, and annual cash flow totals $9,514/yr on $49,692 invested. Return on cash invested prints 39.06% in year one, and rental yield reads 13.55% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 205.29% and total cumulative return in cash sums $102,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,693/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1916
0.32 Acres 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