




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 Sullivan at 1077 W Washington St, Sullivan, IN, 47882 generates $1,170/mo in rent and, after a $645/mo payment, leaves $379/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $4,548/yr on $43,659 invested. Return on cash invested sits at 30.33% in year one, and rental yield is 10.66% on a $131,700 entry. Equity gained on principal adds $850/yr, while 5% annual appreciation builds toward $36,386 over five years. Five-year ROI reaches 158.59% and total cumulative return in cash sums $69,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47882, Sullivan, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,005 (100%) |
| Owner Occupied HU | 2,488 (62.1%) |
| Renter Occupied HU | 1,083 (27.0%) |
| Vacant Housing Units | 434 (10.8%) |
| Median Home Value | $146,466 |
| Average Home Value | $177,709 |
Residential
3,664
Single Family
3,451
Multi-Family
213
Businesses
313
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: N/A • N/A
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Mls ID: #N/A