1751 W 261st St, Sheridan, IN 46069

5 bd · 2 ba · 2,128 sqft · built 1950 · Sheridan · SINGLE_FAMILY·source listing ↗

$289,900

rent, three ways

OnePercent model (vv1)$2,747/mo

point estimate — add comps for a band

HUD Fair Market Rent · 46069 · 5BR

—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Hamilton

Flood risk indexRelatively Moderate FEMA NRI

Median household income$76,990

Median area rent$742/mo

Median home value$291,900

the verdict

0.95%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$289,900

0.95% · rent $2,747

Intrinsic value · income approach

$416,988

30% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.