333 W Sylvandell StSullivanIN47882
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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
Rental property for sale in Sullivan at 333 W Sylvandell St, Sullivan, IN, 47882 priced at $160,000 converts $1,216/mo rent into $256/mo cash flow after a $783/mo obligation. Total monthly income equals $1,216/mo, and annual cash flow totals $3,068/yr on $53,040 invested. Return on cash invested prints 25.69% in year one, and rental yield reads 9.12% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 133.65% and total cumulative return in cash sums $70,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,216/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.28 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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