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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 6378 W State Road 154, Sullivan, IN, 47882 offers a 10.72% rental yield on a $155,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $759/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,451/yr on $51,383 to close, and return on cash invested stands at 30.52% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 159.56% and total cumulative return in cash at $81,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
4.64 Acres 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 |
|---|---|---|
| 2025-03-10 | Sold | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $671.32 | 13.24% | $63,900 | -0.78% |
| 2023-10-24 | $592.82 | -10.98% | $64,400 | -2.28% |
| 2022-10-24 | $665.96 | 47.53% | $65,900 | 1.23% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
