721 E Beech StSullivanIN47882
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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
Rental property for sale in Sullivan at 721 E Beech St, Sullivan, IN, 47882 offers $843/mo rent that, after a $548/mo payment, leaves $171/mo cash flow. Total monthly income is $843/mo, and annual cash flow is $2,050/yr on $37,128 cash. Return on cash invested measures 25.43% in year one, and rental yield stands at 9.03% at a $112,000 entry. Equity gained on principal adds $723/yr while 5% annual appreciation compounds into $30,944 by year five. Five-year ROI records 132.23% and total cumulative return in cash reaches $49,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $843/mo property income versus a $548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,700 sqft 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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