






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 523 Redvine Dr, Sheridan, IN, 46069 offers a 8.1% rental yield on a $302,995 purchase with $2,046/mo rent. Total monthly income registers $2,046/mo, and a $1,483/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,726/yr on $100,443 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $1,955/yr while 5% annual appreciation supports $83,712 over five years. Portfolio math shows five-year ROI at 117.19% and total cumulative return in cash at $117,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,046/mo property income against a $1,483/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $302,995 |
| 2025-02-18 | Listing removed | $295,995 |
| 2025-02-07 | Price change | $295,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A