1689 Maplewood Ln, Pendleton, IN, 46064 | $244/mo Cash Flow

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1689 Maplewood Ln, Pendleton, IN, 46064 | $244/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 1689 Maplewood Ln, Pendleton, IN, 46064 offers a 7.96% rental yield on a $388,800 purchase with $2,578/mo rent. Total monthly income registers $2,578/mo, and a $1,903/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,929/yr on $128,887 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $2,509/yr while 5% annual appreciation supports $107,418 over five years. Portfolio math shows five-year ROI at 114.81% and total cumulative return in cash at $147,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,578/mo property income against a $1,903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2016

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1689 Maplewood Lane in the popular Huntzinger Farm neighborhood in Pendleton. This spacious five-bedroom home sits on a large fully fenced corner lot and offers the perfect blend of style and function. The open concept kitchen features quartz countertops, stainless steel appliances, an eat-in island, and flows seamlessly into the oversized great room, creating an ideal space for everyday living and entertaining. Engineered hardwood floors run throughout the main level, which also includes a flexible bedroom or office. A separate formal dining area with large windows overlooks the front porch. Upstairs you'll find a roomy loft, four additional bedrooms all with walk-in closets. Step inside the luxurious primary suite with a unique tray ceiling, large soaking tub, separate shower, and generous walk-in closet. Enjoy your own backyard retreat with a private gazebo and mini barn. The two-car garage includes a spacious bump out for extra storage or workspace. This move-in ready home truly has it all!

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