








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 478 Township Road 462, Sullivan, OH, 44880 uses $99,450 cash to close to unlock $1,560/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,103/mo, and a $1,468/mo payment keeps the spread at $130/mo. Purchase price stands at $300,000, and rental yield measures 8.41% with $2,103/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 111.76% and total cumulative return in cash records $111,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,103/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1994
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44880, Sullivan, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 931 (83.8%) |
| Renter Occupied HU | 102 ( 9.2%) |
| Vacant Housing Units | 78 ( 7.0%) |
| Median Home Value | $246,935 |
| Average Home Value | $269,592 |
Residential
1,116
Single Family
1,116
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $300,000 |
| 2018-09-12 | Sold | $169,000 |
| 2018-08-07 | Listed for sale | $172,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $2885.72 | 24.91% | $80,690 | 35.00% |
| 2022-04-14 | $2310.30 | 0.51% | $59,770 | N/A |
| 2021-04-14 | $2298.64 | N/A | $59,770 | N/A |



Listed by: Abby Winebrenner • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5108769
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