








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 597 W Edgelea Rd, Sullivan, IN, 47882 earns $318/mo cash flow from $3,077/mo rent with a $2,250/mo payment. Total monthly income totals $3,077/mo, and annual cash flow totals $3,810/yr on $152,391 capital. ROI tracks 22.41% on current figures, and rental yield reads 8.03% at a $459,700 purchase. Equity gained on principal adds $2,966/yr, and 5% annual appreciation supports $127,007 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $176,799. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,077/mo property income instead of your personal income.
Single Family
Built in 1989
N/A 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 |
|---|---|---|
| 2025-07-31 | Listing removed | N/A |
| 2025-07-14 | Pending sale | $490,000 |
| 2025-07-14 | Price change | $490,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2669.96 | 3.88% | $258,500 | 16.13% |
| 2023-10-26 | $2570.12 | 7.26% | $222,600 | -3.18% |
| 2022-10-26 | $2396.12 | 11.09% | $229,900 | 8.19% |



Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #103426