








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 312 Shadetree Ln, Sheridan, IN, 46069 listed at $249,990 pairs $1,723/mo rent with a $1,224/mo payment to leave $222/mo cash flow. Total monthly income runs $1,723/mo, and annual cash flow reaches $2,663/yr on $82,872 cash to close. Return on cash invested measures 23.12% in year one, and rental yield registers 8.27% at a $249,990 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,068 by year five. Five-year ROI tracks 119.82% and total cumulative return in cash totals $99,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,723/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
8,712 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Chris Dell • Horizon Real Estate of Indiana
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060961