3357 Godby Dr, Sheridan, IN, 46069 | 6.48% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3357 Godby Dr, Sheridan, IN, 46069 | 6.48% Rental Yield | Ziffy

For Sale

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 3357 Godby Dr, Sheridan, IN, 46069 earns from $1,997/mo rent with a $1,811/mo payment. Total monthly income totals $1,997/mo. ROI tracks 17.72% on current figures, and rental yield reads 6.48% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 90.83% and total cumulative return in cash sums $111,413. 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 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Find all the space you need in the two-story Stamford floor plan in Centre Place. Inside this 4-bedroom, 2.5-bathroom home, you'll discover 2,346 square feet of comfortable living. The living area is an open concept, where your kitchen blends seamlessly into a living area perfect for everyday living and entertaining. On the first floor, the kitchen is in the rear of the home and features a center island with room for seating, plentiful white cabinetry, stainless steel appliances and a walk-in pantry which are sure to make meal prep easy. A powder room is conveniently located off the main floor great room area. The first floor also features a flex room at the entrance of the home that provides an area for work or play. Upstairs, you are greeted with a spacious loft area as well as four bedrooms, two bathrooms, and a laundry area. The primary bedroom has a walk-in closet and bathroom with double vanity, linen storage and large shower. Whether these rooms become bedrooms, office spaces, or other bonus rooms, there is sure to be a place for all. Like all homes in Centre Place, the Stamford includes America's Smart Home Technology featuring a smart video doorbell, smart Honeywell Thermostat, smart door lock, Deako light package and more. Photos representative of plan only and may vary as built.

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