Real Estate Investment Properties for Sale in Sullivan, IN

Looking for investment property in Sullivan, IN with high ROI ?

Explore a variety of short-term homes & houses in Sullivan, IN. Invest wisely with VRBO & Sullivan, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Sullivan, IN

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
513 W Washington Street Sullivan, IN Remodeled in 2023 and move-in ready with bonus space and storage. This 3 bedroom, 2 bath h...	3 beds \| 2 baths \| 1,924 sq.ft.	$199,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 7.19% Airbnb Rental Income: $1427 Traditional Rental Income: $1713 Airbnb ROI: 3.41% Traditional ROI: 7.19%
4158 W State Road 154 Sullivan, IN You want a home that gives you room to breathe, space to grow, and options for the future....	3 beds \| 2 baths \| 1,836 sq.ft.	$384,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.25% Airbnb Rental Income: $1427 Traditional Rental Income: $1929 Airbnb ROI: 0.68% Traditional ROI: 3.25%
682 E PR RD 265 N Sullivan, IN This private retreat is nestled on 2.99 beautifully wooded acres, near Sullivan Lake. It h...	3 beds \| 3 baths \| 2,376 sq.ft.	$354,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 7.36% Airbnb Rental Income: $1427 Traditional Rental Income: $3143 Airbnb ROI: 0.91% Traditional ROI: 7.36%
2005 W Co Rd 450 S Sullivan, IN This peaceful dream country homestead is located on 6.4 beautiful acres with a very nice p...	3 beds \| 2 baths \| 1,924 sq.ft.	$449,999	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.96% Airbnb Rental Income: $1427 Traditional Rental Income: $2443 Airbnb ROI: 0.53% Traditional ROI: 3.96%
5178 N Co Rd 900 W Sullivan, IN The affordable American dream in the Graysville area of Sullivan County. Homes in this are...	3 beds \| 1 baths \| 2,582 sq.ft.	$144,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 11.5% Airbnb Rental Income: $1427 Traditional Rental Income: $1945 Airbnb ROI: 4.69% Traditional ROI: 11.5%
808 N Court Street Sullivan, IN Welcome home! This fully renovated 2-bed, 1-bath city home is the real deal - fully update...	2 beds \| 1 baths \| 1,045 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $1587 Airbnb ROI: N/A Traditional ROI: 9.29%
231 S Main Street Sullivan, IN This gorgeous home is located right in the heart of Sullivan, & it has the perfect mix of ...	4 beds \| 3 baths \| 2,732 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $2955 Airbnb ROI: N/A Traditional ROI: 9.01%
925 N Danny Drive Sullivan, IN Brand-New Construction in Lakeside West Subdivision - Scheduled for Completion August 1st!...	3 beds \| 2 baths \| 1,824 sq.ft.	$349,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 5.22% Airbnb Rental Income: $1427 Traditional Rental Income: $2413 Airbnb ROI: 0.92% Traditional ROI: 5.22%
104-114 1/2 E Washington Street Sullivan, IN	N/A beds \| N/A baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 2.63%
5019 S Co Rd 50 W Sullivan, IN Escape to the peace and privacy of country living with this beautiful 3-bedroom, 2-bath ho...	3 beds \| 2 baths \| 1,904 sq.ft.	$292,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.39% Airbnb Rental Income: $1427 Traditional Rental Income: $2214 Airbnb ROI: 1.98% Traditional ROI: 6.39%
5247 N Co Rd 200 E Sullivan, IN OMG I absolutely fell in love with this LAKEFRONT beauty, & you will too! Tucked back on a...	3 beds \| 2 baths \| 1,320 sq.ft.	$317,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1427 Traditional Rental Income: $2325 Airbnb ROI: 1.19% Traditional ROI: 5.62%
902 E Beech Sullivan, IN The Space You Need. The Garage You've Been Dreaming About. Finding a home with room to liv...	3 beds \| 1 baths \| 1,215 sq.ft.	$220,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 6.22% Airbnb Rental Income: $1427 Traditional Rental Income: $1778 Airbnb ROI: 2.5% Traditional ROI: 6.22%
422 E Washington St Sullivan, IN	2 beds \| 2 baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1505 Airbnb ROI: N/A Traditional ROI: 7.41%
41 S Mc Cammon St Sullivan, IN This spacious 1,728 sq ft home offers 3 bedrooms, 2 bathrooms, and plenty of flexibility o...	3 beds \| 2 baths \| 1,728 sq.ft.	$225,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 9.49% Airbnb Rental Income: $1427 Traditional Rental Income: $2341 Airbnb ROI: 3.2% Traditional ROI: 9.49%
3113 N 550 W Road Sullivan, IN Quiet, country living. Deer walking through your yard. Woods to roam and play in. Easy acc...	3 beds \| 2 baths \| 1,456 sq.ft.	$175,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 10.42% Airbnb Rental Income: $1427 Traditional Rental Income: $2036 Airbnb ROI: 4.2% Traditional ROI: 10.42%

Real Estate investment in Sullivan, IN

There are 15 properties for sale in the city of Sullivan . The median list price in Sullivan is $153,908 and the average price per square foot is $89. In July 2026, the average monthly cash on cash return in Sullivan is 8.00%. The average monthly rental income in Sullivan is $2,000.

Sullivan, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 15 investment properties available for sale in Sullivan.

In 2026, the best neighborhood to buy investment property is Sullivan.

The ROI for Long-Term is higher than the Short-Term in Sullivan with average rental income of $2,000.

Your search for investment property begins and ends here

Investment Property for Sale in Sullivan, IN

513 W Washington Street

Sullivan, IN

3 beds | 2 baths | 1,924 sq.ft.

$199,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 7.19%

Airbnb Rental Income: $1427

Traditional Rental Income: $1713

Airbnb ROI: 3.41%

Traditional ROI: 7.19%

4158 W State Road 154

Sullivan, IN

3 beds | 2 baths | 1,836 sq.ft.

$384,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1427

Traditional Rental Income: $1929

Airbnb ROI: 0.68%

Traditional ROI: 3.25%

682 E PR RD 265 N

Sullivan, IN

3 beds | 3 baths | 2,376 sq.ft.

$354,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $1427

Traditional Rental Income: $3143

Airbnb ROI: 0.91%

Traditional ROI: 7.36%

2005 W Co Rd 450 S

Sullivan, IN

3 beds | 2 baths | 1,924 sq.ft.

$449,999

Airbnb cash on cash: 0.53%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $1427

Traditional Rental Income: $2443

Airbnb ROI: 0.53%

Traditional ROI: 3.96%

5178 N Co Rd 900 W

Sullivan, IN

3 beds | 1 baths | 2,582 sq.ft.

$144,900

Airbnb cash on cash: 4.69%

Traditional cash on cash: 11.5%

Airbnb Rental Income: $1427

Traditional Rental Income: $1945

Airbnb ROI: 4.69%

Traditional ROI: 11.5%

808 N Court Street

Sullivan, IN

2 beds | 1 baths | 1,045 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.29%

Airbnb Rental Income: $null

Traditional Rental Income: $1587

Airbnb ROI: N/A

Traditional ROI: 9.29%

231 S Main Street

Sullivan, IN

4 beds | 3 baths | 2,732 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2955

Airbnb ROI: N/A

Traditional ROI: 9.01%

925 N Danny Drive

Sullivan, IN

3 beds | 2 baths | 1,824 sq.ft.

$349,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $1427

Traditional Rental Income: $2413

Airbnb ROI: 0.92%