Real Estate Investing in Sullivan, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 3,124

Should you buy in Sullivan County, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice β€” stable market with a reasonable entry point and good rental backup if you ever need to move.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market β€” rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.7% vacancy may signal weakening demand.

What’s happening in Sullivan County, IN?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

4.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $79,775
Avg Monthly Rent $864
ZIP Codes 2

Investing in Sullivan County Real Estate

Across Sullivan County's 2 ZIPs, the picture is underwhelming β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Across Sullivan's 2 ZIPs, the investment landscape runs thin: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Sullivan County's population trends and income levels suggest a region where affordability is strained, constraining how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Sullivan County, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$79,775
Avg Monthly Rent
$864
1% Rule
βœ“ Passes
Landlord Friendly (IN)
β˜…β˜…β˜…β˜…β˜…

Cities in Sullivan County

ZIP Codes in Sullivan County, IN

Screen every market in Sullivan County

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Frequently Asked Questions About Sullivan County

Where do home prices stand in, IN?

Typical homes in, IN go for around $80K. The 5-year CAGR of 0.0% measured price movement.

Does, IN favor landlords or tenants?

For rental operators, IN rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

Is it easy to find good tenants in, IN?

, IN offers a measured renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is vacancy a concern in, IN?

Occupancy in, IN runs predictable with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.

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