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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 520 N Broad St, Sullivan, IN, 47882 with 5% annual appreciation on a $188,900 basis while $1,963/mo rent supports operations. Total monthly income totals $1,963/mo and a $925/mo payment preserves $829/mo for cash returns. Annual cash flow comes to $9,944/yr on $62,620 deployed, and return on cash invested reaches 35.79% in year one. Equity gained on principal adds $1,219/yr, and five-year appreciation sums $52,190 alongside rental yield of 12.47%. Five-year ROI measures 187.78% and total cumulative return in cash totals $117,591.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,963/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
4,550 sqft 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 |
|---|---|---|
| 2025-07-14 | Sold | $188,900 |
| 2025-05-19 | Listed for sale | $179,900 |
| 2024-03-30 | Listing removed | $183,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | N/A | N/A | $79,200 | N/A |
| 2023-11-02 | $92.00 | N/A | N/A | N/A |
| 2022-11-02 | $92.00 | N/A | $4,600 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
