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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 529 Redvine Dr, Sheridan, IN, 46069 at $432,995 posts ROI 14.63% with from $1,997/mo rent. Total monthly income equals $1,997/mo. Return on cash invested measures 14.63% and rental yield reads 5.53% at the current $432,995. Equity gained on principal adds $2,794/yr, and 5% annual appreciation supports $119,629 by year five. Five-year ROI prints 74.39% and total cumulative return in cash totals $106,771. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,997/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2025-10-01 | Price change | $429,995 |
| 2025-09-25 | Listed for sale | $432,995 |
| 2025-01-05 | Listing removed | $314,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alison McConnell • Ridgeline Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22065669
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-01 07:23:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
