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

Sheridan, IN has a median modeled monthly cash flow of $-935 and a median cap rate of 2.9%, on a median sold price of $318,733. Prices changed +9.5% year over year.

What is the average cap rate in Sheridan, IN?

The median cap rate across recently sold homes in Sheridan, IN is 2.9%, 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 $318,733 (about $167 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.

$318,733Median sold price

$167Median $/sqft

2.9%Median cap rate

$-935Modeled cash flow / mo

+9.5%Appreciation YoY

7.7Months of supply

101Active listings

158Sold (last 12 mo)

What the Sheridan numbers say

In Sheridan, IN, the median home sold for $318,733 (about $167 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-935 of monthly cash flow. Sold prices moved +9.5% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. 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.