Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sullivan at 651 W Center Rd, Sullivan, IN, 47882 offers $1,698/mo rent that, after a $1,517/mo payment. Total monthly income is $1,698/mo. Return on cash invested measures 18.01% in year one, and rental yield stands at 6.58% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 92.43% and total cumulative return in cash reaches $94,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,698/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.51 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 |
|---|---|---|
| 2025-08-21 | Listed for sale | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-22 | $1614.24 | 14.01% | $150,200 | 20.06% |
| 2023-08-22 | $1415.92 | 9.12% | $125,100 | -3.02% |
| 2022-08-22 | $1297.60 | -5.07% | $129,000 | 9.04% |
Listed by: DANIELLE MCKINNEY • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls Provider:
Mls ID: #107252
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-08-22 07:43:26 PDT
