328 N West St, Sullivan, IN, 47882 | $388/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

328 N West St, Sullivan, IN, 47882 | $388/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
- sft

708 S Franklin St, Robinson, IL, 62454

- Bed
5 Bath
3500 sft

405 S Cross St, Robinson, IL, 62454

2 Bed
1 Bath
900 sft

1405 N Lincoln St, Robinson, IL, 62454

4 Bed
2 Bath
2288 sft

8711 E 1200th Ave, Robinson, IL, 62454

Nearby investment properties with comparable prices

2 Bed
2 Bath
1280 sft

16422 N 1550th St, Hutsonville, IL, 62433

3 Bed
2 Bath
1296 sft

15020 N 1150th St, Robinson, IL, 62454

2 Bed
1 Bath
1716 sft

702 N Allen St, Robinson, IL, 62454

2 Bed
2 Bath
1096 sft

803 N Jefferson St, Robinson, IL, 62454

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Sullivan at 328 N West St, Sullivan, IN, 47882 offers a 10.11% rental yield on a $160,000 purchase with $1,348/mo rent. Total monthly income registers $1,348/mo, and a $783/mo payment leaves $388/mo available for distribution. Annual cash flow reaches $4,652/yr on $53,040 to close, and return on cash invested stands at 28.68% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 149.66% and total cumulative return in cash at $79,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,348/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting 2-bedroom, 1.5-bath home offers 1,311 square feet of comfortable living space and a layout designed for everyday convenience. Youll love the spacious side bedrooms, the large master closet, and the generous kitchen with plenty of room for cooking and entertaining. Enjoy the outdoors with a fully fenced backyardperfect for pets or playand a handy shed for extra storage. The carport provides covered parking, and the unfinished basement offers even more potential for storage or future finishing. Refrigerator, stove, and dishwasher all stay with the sale, making this home truly move-in ready. Sellers are also in the process of putting on a brand-new roof and new siding that will be completed prior to closing.

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