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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 7625 N State Road 159, Bicknell, IN, 47512 generates $1,522/mo in rent and, after a $758/mo payment, leaves $592/mo in cash flow. Total monthly income is $1,522/mo, and annual cash flow is $7,108/yr on $51,349 invested. Return on cash invested sits at 33.75% in year one, and rental yield is 11.79% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 176.88% and total cumulative return in cash sums $90,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
1.01 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John L Witshork • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls ID: #202546670
