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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% |
Investment property for sale in Sullivan at 1839 Tulip Tree Ln, Sullivan, IN, 47882 at $505,500 posts ROI 15.14% with from $2,352/mo rent. Total monthly income equals $2,352/mo. Return on cash invested measures 15.14% and rental yield reads 5.58% at the current $505,500. Equity gained on principal adds $3,262/yr, and 5% annual appreciation supports $139,660 by year five. Five-year ROI prints 76.98% and total cumulative return in cash totals $128,023. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
N/A 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 |
|---|---|---|
| 2025-04-02 | Listing removed | $550,000 |
| 2025-01-13 | Pending sale | $550,000 |
| 2024-10-11 | Price change | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1489.50 | 2.76% | $192,900 | 29.64% |
| 2023-10-24 | $1449.56 | 4.07% | $148,800 | -2.36% |
| 2022-10-24 | $1392.92 | -0.87% | $152,400 | 6.57% |
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #104301
