403 W Wolfe St, Sullivan, IN, 47882 | $484/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

403 W Wolfe St, Sullivan, IN, 47882 | $484/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
2728 sft

503 Robinwood Dr, Robinson, IL, 62454

4 Bed
3 Bath
2414 sft

11579 E Beverly St, Robinson, IL, 62454

4 Bed
2 Bath
1600 sft

303 N Park Forest Dr, Robinson, IL, 62454

3 Bed
2 Bath
1466 sft

1211 N Jefferson St, Robinson, IL, 62454

Nearby investment properties with comparable prices

3 Bed
2 Bath
2808 sft

1622 S Cross St, Robinson, IL, 62454

3 Bed
3 Bath
1700 sft

802 & 804 W Updike St, Robinson, IL, 62454

3 Bed
2 Bath
1700 sft

804 W Updike St, Robinson, IL, 62454

3 Bed
3 Bath
1882 sft

9336 E 900th Ave, 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

Rental property for sale in Sullivan at 403 W Wolfe St, Sullivan, IN, 47882 priced at $379,999 pairs $2,765/mo rent with $484/mo cash flow after a $1,860/mo payment. Total monthly income equals $2,765/mo, and annual cash flow comes to $5,806/yr on $125,970 invested. Return on cash invested is 24.52% in year one, and rental yield stands at 8.73% on a $379,999 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 127.32% and total cumulative return in cash reaches $160,380. For financing, Ziffy Mortgage’s DSCR program evaluates $2,765/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1986

0.61 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning property offering 3,187 sq ft of living space on a beautifully landscaped .61-acre lot. This 3-bedroom, 3-bathroom home is loaded with upgrades and extras, making it the perfect place to call your own. Inside, youll find spacious living areas, a cozy gas fireplace, and a finished basement complete with a pool table that stays. The kitchen comes fully equipped with all appliances, and a brand-new water softener has been added for convenience. Step outside to enjoy your private oasis featuring an inground pool with a brand-new liner and pump, hot tub, and all pool equipment and accessories included. A pool house/work shed adds extra storage and flexibility. The screened-in back porch, built-in fire pit, basketball goal, and concrete driveway complete the impressive outdoor space. Additional highlights include a 24x29 attached garage that holds 2 cars, new carpet, and a roof that is less than 3 years old. With so many amenities inside and out, this property offers the perfect blend of comfort, recreation, and style.

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