3315 Godby Dr, Sheridan, IN, 46069 | 6.69% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sheridan at 3315 Godby Dr, Sheridan, IN, 46069 earns from $1,997/mo rent with a $1,754/mo payment. Total monthly income totals $1,997/mo. ROI tracks 18.35% on current figures, and rental yield reads 6.69% at a $358,400 purchase. Equity gained on principal adds $2,313/yr, and 5% annual appreciation supports $99,019 over five years. Five-year ROI reaches 94.24% and total cumulative return in cash sums $111,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,997/mo property income instead of your personal income.

Single Family

Built in N/A

N/A 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