Augusta Plan, Monon Corner, Destination SeriesSheridanIN46069
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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
Investment Highlights
Investment property for sale in Sheridan at Augusta Plan, Monon Corner, Destination Series, Sheridan, IN, 46069 listed at $361,995 pairs $2,046/mo rent with a $1,772/mo payment. Total monthly income runs $2,046/mo. Return on cash invested measures 18.64% in year one, and rental yield registers 6.78% at a $361,995 basis. Equity gained on principal adds $2,336/yr, and annual property appreciation at 5% supports $100,013 by year five. Five-year ROI tracks 95.78% and total cumulative return in cash totals $114,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,046/mo property income relative to a $1,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
155
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