114 Bess Blvd, Pendleton, IN, 46064 | $888/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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114 Bess Blvd, Pendleton, IN, 46064 | $888/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pendleton at 114 Bess Blvd, Pendleton, IN, 46064 with 5% annual appreciation on a $225,000 basis while $2,238/mo rent supports operations. Total monthly income totals $2,238/mo and a $1,101/mo payment preserves $888/mo for cash returns. Annual cash flow comes to $10,651/yr on $74,588 deployed, and return on cash invested reaches 34.19% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 11.94%. Five-year ROI measures 179.17% and total cumulative return in cash totals $133,641.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,238/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1978

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled at 114 Bess BLVD, PENDLETON, IN, this single-family residence in Madison County presents a unique opportunity to craft a comfortable and personalized living space. The property offers an enticing canvas, ready for your creative vision to transform it into a cherished home. Within the residence, three bedrooms offer flexible spaces that can be adapted to suit your individual requirements, whether as peaceful retreats, inspiring home offices, or hobby rooms. The layout includes one full bathroom and one half bathroom, accommodating both everyday routines and the convenience of guests. Spanning 1192 square feet of living area, the home provides ample room to move and breathe, while still maintaining a sense of cozy intimacy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46064, Pendleton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,339 (100%)
Owner Occupied HU	5,147 (81.2%)
Renter Occupied HU	879 (13.9%)
Vacant Housing Units	313 ( 4.9%)
Median Home Value	$283,028
Average Home Value	$322,206