13019 E County Road 450 SSheridanIN46069
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sheridan at 13019 E County Road 450 S, Sheridan, IN, 46069 offers a 10.11% rental yield on a $151,600 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $742/mo payment leaves $367/mo available for distribution. Annual cash flow reaches $4,404/yr on $50,255 to close, and return on cash invested stands at 28.67% in year one. Equity gained on principal adds $978/yr while 5% annual appreciation supports $41,884 over five years. Portfolio math shows five-year ROI at 149.58% and total cumulative return in cash at $75,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $742/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46069, Sheridan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,097 (100%) |
| Owner Occupied HU | 2,947 (71.9%) |
| Renter Occupied HU | 779 (19.0%) |
| Vacant Housing Units | 371 ( 9.1%) |
| Median Home Value | $410,956 |
| Average Home Value | $436,318 |
Housing Distribution
Address Breakdown
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
155
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