Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 221 N Chase St, Sullivan, IN, 47882 with 5% annual appreciation on a $134,900 basis while $1,024/mo rent supports operations. Total monthly income totals $1,024/mo and a $660/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,574/yr on $44,719 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.11%. Five-year ROI measures 133.51% and total cumulative return in cash totals $59,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,024/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
0.30 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: RACHAEL HEADLEY • KELLER WILLIAMS CAPITAL REALTY
Mls Name: THAAR
Mls ID: #107594
