Is Sheridan, IN a good place to invest in rental property?

Sheridan, IN has a median modeled monthly cash flow of $-872 and a median cap rate of 3.1%, on a median sold price of $314,950. Prices changed +5.3% year over year.

What is the average cap rate in Sheridan, IN?

The median cap rate across recently sold homes in Sheridan, IN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sheridan, IN?

The median sold price in Sheridan, IN is $314,950 (about $159 per square foot).

Investing in Sheridan, IN Real Estate

A data-driven snapshot of the Sheridan, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$314,950Median sold price

$159Median $/sqft

3.1%Median cap rate

$-872Modeled cash flow / mo

+5.3%Appreciation YoY

6.1Months of supply

66Active listings

130Sold (last 12 mo)

What the Sheridan numbers say

In Sheridan, IN, the median home sold for $314,950 (about $159 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-872 of monthly cash flow. Sold prices moved +5.3% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Sheridan cash-flowing listings

CashFlowRE ranks every for-sale home in Sheridan, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Sheridan deals, or browse the national market data.