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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 406 W 8th St, Sheridan, IN, 46069 at $112,300 posts ROI 49.8% with $927/mo cash flow from $1,730/mo rent. Total monthly income equals $1,730/mo, and annual cash flow records $11,129/yr on $37,227 to close. Return on cash invested measures 49.8% and rental yield reads 18.49% at the current $112,300. Equity gained on principal adds $725/yr, and 5% annual appreciation supports $31,026 by year five. Five-year ROI prints 264.49% and total cumulative return in cash totals $98,462.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,730/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
7,840 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 |
|---|---|---|---|---|
| 2024-10-25 | $2469.58 | 8.28% | $112,300 | 2.65% |
| 2023-10-25 | $2280.72 | 5.86% | $109,400 | 8.42% |
| 2022-10-25 | $2154.54 | 4.21% | $100,900 | 5.88% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
