Harmony Plan, Centre Place, Sheridan, IN, 46069 | $732/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Harmony Plan, Centre Place, Sheridan, IN, 46069 | $732/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sheridan at Harmony Plan, Centre Place, Sheridan, IN, 46069 offers $2,538/mo rent that, after a $1,473/mo payment, leaves $732/mo cash flow. Total monthly income is $2,538/mo, and annual cash flow is $8,778/yr on $99,748 cash. Return on cash invested measures 28.71% in year one, and rental yield stands at 10.12% at a $300,900 entry. Equity gained on principal adds $1,942/yr while 5% annual appreciation compounds into $83,133 by year five. Five-year ROI records 149.81% and total cumulative return in cash reaches $149,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,538/mo property income versus a $1,473/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

D.R. Horton, America's Builder, presents the Harmony plan. This home design provides 3 bedrooms and 2 full baths in a single-level, open living space. The lower living area offers solid surface flooring throughout for easy maintenance. Two large bedrooms are situated in the front of the home and another bedroom, which features a large walk-in closet and luxury bath, is situated in the back of the home for privacy. Enjoy entertaining in the spacious kitchen with a large built-in island and beautiful cabinets. The entry from the garage has a conveniently located closet for coats and jackets. The home includes America's Smart Home Technology featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako lighting and more. Photos representative of plan only and may vary as built.

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