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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Sullivan, IN

Listed for sale 4 days ago
$ 134,900
ROI
28.4
Cash Flow/m
325- 2 Bed
- 2 Bath
- 816 sft
1108 N State St, Sullivan, IN, 47882

Listed for sale 4 days ago
$ 225,900
ROI
30.4
Cash Flow/m
670- 3 Bed
- 2 Bath
- 1728 sft
2603 E County Road 350 N, Sullivan, IN, 47882

Listed for sale 7 days ago
$ 172,000
ROI
22.2
Cash Flow/m
117- 2 Bed
- 1 Bath
- 891 sft
336 W Giles St, Sullivan, IN, 47882

$ 249,900
ROI
23.6
Cash Flow/m
266- 3 Bed
- 3 Bath
- 3038 sft
430 W Washington St, Sullivan, IN, 47882
Why Invest in Sullivan, Indiana?
Investing in Sullivan, Indiana, presents a unique opportunity, especially for properties under $500k. With competitive rental yields and a growing local economy, this region is becoming increasingly appealing for investors looking for affordable entry points. Properties in this price range offer strong cash flow potential and benefit from favorable cap rates in the market.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Sullivan is around $900 per month, making it an affordable option for many renters. This affordability contributes to a healthy rental market with strong demand.
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