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

Sullivan, IN has a median modeled monthly cash flow of $-293 and a median cap rate of 4.5%, on a median sold price of $169,900. Prices changed +16.0% year over year.

What is the average cap rate in Sullivan, IN?

The median cap rate across recently sold homes in Sullivan, IN is 4.5%, 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 $109 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

$109Median $/sqft

4.5%Median cap rate

$-293Modeled cash flow / mo

+16.0%Appreciation YoY

10.0Months of supply

68Active listings

82Sold (last 12 mo)

What the Sullivan numbers say

In Sullivan, IN, the median home sold for $169,900 (about $109 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-293 of monthly cash flow. Sold prices moved +16.0% over the past year. Inventory sits at about 10.0 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.