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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Pendleton at 1673 Fair Weather Dr, Pendleton, IN, 46064 at $249,000 posts ROI 30.94% with $759/mo cash flow from $2,426/mo rent. Total monthly income equals $2,426/mo, and annual cash flow records $9,107/yr on $82,544 to close. Return on cash invested measures 30.94% and rental yield reads 11.69% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 162.67% and total cumulative return in cash totals $134,276.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,426/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 46064, Pendleton, IN area.
| 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 |
Residential
6,945
Single Family
6,893
Multi-Family
52
Businesses
417
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Sold | $249,000 |
| 2024-11-16 | Pending sale | $249,900 |
| 2024-10-30 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $3932.00 | 107.17% | $213,000 | 8.34% |
| 2023-10-25 | $1898.00 | 14.68% | $196,600 | 3.58% |
| 2022-10-25 | $1655.00 | 0.42% | $189,800 | 14.68% |
What's Special
Access Only
Listed by: Daniel Witte • Witte Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22000084
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 23:43:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
