Sedona Plan, AtwaterSheridanIN46069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Sheridan at Sedona Plan, Atwater, Sheridan, IN, 46069 priced at $420,900 converts $3,040/mo rent into $514/mo cash flow after a $2,060/mo obligation. Total monthly income equals $3,040/mo, and annual cash flow totals $6,162/yr on $139,528 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 8.67% against a $420,900 entry. Equity gained on principal adds $2,716/yr, while 5% annual appreciation compiles into $116,287 by year five. Five-year ROI reaches 126.29% and total cumulative return in cash sums $176,210. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,040/mo property income covering a $2,060/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
