5826 E Private Road 375 NSullivanIN47882
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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
Investment property for sale in Sullivan at 5826 E Private Road 375 N, Sullivan, IN, 47882 offers a 10.25% rental yield on a $158,000 purchase with $1,350/mo rent. Total monthly income registers $1,350/mo, and a $773/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,823/yr on $52,377 to close, and return on cash invested stands at 29.12% in year one. Equity gained on principal adds $1,020/yr while 5% annual appreciation supports $43,652 over five years. Portfolio math shows five-year ROI at 151.96% and total cumulative return in cash at $79,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $773/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.58 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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