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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Sheridan at 1483 Paper Birch Dr, Sheridan, IN, 46069 earns $67/mo cash flow from $2,046/mo rent with a $1,590/mo payment. Total monthly income totals $2,046/mo, and annual cash flow totals $801/yr on $107,704 capital. ROI tracks 20.65% on current figures, and rental yield reads 7.56% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 106.71% and total cumulative return in cash sums $114,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,046/mo property income instead of your personal income.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$175 semi-annually HOA
Neighborhood data shown for ZIP Code: 46069, Sheridan, IN area.
| 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 |
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-08-12 | Sold | $324,900 |
| 2025-06-29 | Pending sale | $324,900 |
| 2025-06-23 | Price change | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $183.18 | N/A | $275,000 | 918.52% |
| 2023-10-31 | N/A | N/A | $27,000 | N/A |
Listed by: Thomas Endicott • Keller Williams Indy Metro NE
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22038939
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 22:48:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
