1420 E County Road 200 NSullivanIN47882
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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
Investment property for sale in Sullivan at 1420 E County Road 200 N, Sullivan, IN, 47882 offers a 5.42% rental yield on a $449,900 purchase with $2,032/mo rent. 53% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 73.76% and total cumulative return in cash at $110,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47882, Sullivan, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,664
Single Family
3,451
Multi-Family
213
Businesses
313
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Listed by: Jared Franklin • SIGNATURE REAL ESTATE
Mls Name: THAAR
Mls Provider:
Mls ID: #106532
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-06-05 07:56:34 PDT