Is Sullivan, IN a good place to invest in rental property?

Sullivan, IN has a median modeled monthly cash flow of $-309 and a median cap rate of 4.4%, on a median sold price of $169,900. Prices changed +11.1% year over year.

What is the average cap rate in Sullivan, IN?

The median cap rate across recently sold homes in Sullivan, IN is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sullivan, IN?

The median sold price in Sullivan, IN is $169,900 (about $110 per square foot).

Investing in Sullivan, IN Real Estate

A data-driven snapshot of the Sullivan, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$169,900Median sold price

$110Median $/sqft

4.4%Median cap rate

$-309Modeled cash flow / mo

+11.1%Appreciation YoY

12.3Months of supply

98Active listings

96Sold (last 12 mo)

What the Sullivan numbers say

In Sullivan, IN, the median home sold for $169,900 (about $110 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-309 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 12.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Sullivan cash-flowing listings

CashFlowRE ranks every for-sale home in Sullivan, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Sullivan deals, or browse the national market data.