Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sheridan at 542 Alder Way, Sheridan, IN, 46069 generates $2,046/mo in rent and, after a $1,587/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,046/mo, and annual cash flow is $1,195/yr on $107,505 invested. Return on cash invested sits at 21.02% in year one, and rental yield is 7.57% on a $324,300 entry. Equity gained on principal adds $2,093/yr, while 5% annual appreciation builds toward $89,598 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash sums $116,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,046/mo property income rather than buyer’s personal income.
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 |
|---|---|---|
| 2025-09-05 | Listing removed | $329,995 |
| 2025-08-20 | Price change | $324,995 |
| 2025-07-30 | Price change | $329,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A
