








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 Spruce Plan, Maple Run, Sheridan, IN, 46069 with 5% annual appreciation on a $321,995 basis while $3,119/mo rent supports operations. Total monthly income totals $3,119/mo and a $1,576/mo payment preserves $1,186/mo for cash returns. Annual cash flow comes to $14,234/yr on $106,741 deployed, and return on cash invested reaches 33.24% in year one. Equity gained on principal adds $2,078/yr, and five-year appreciation sums $88,961 alongside rental yield of 11.62%. Five-year ROI measures 174.13% and total cumulative return in cash totals $185,873.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,119/mo property income versus a $1,576/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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 |
|---|---|---|
| 2025-02-21 | Price change | $321,995 |
| 2025-02-07 | Price change | $318,995 |
| 2024-11-06 | Price change | $315,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Arbor Homes
Mls Name: Arbor Homes
Mls Provider:
Mls ID: #N/A