275 Linden Ct, Pendleton, IN, 46064 | $75/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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275 Linden Ct, Pendleton, IN, 46064 | $75/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 275 Linden Ct, Pendleton, IN, 46064 listed at $375,000 pairs $2,326/mo rent with a $1,835/mo payment to leave $75/mo cash flow. Total monthly income runs $2,326/mo, and annual cash flow reaches $904/yr on $124,313 cash to close. Return on cash invested measures 20.64% in year one, and rental yield registers 7.44% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 106.51% and total cumulative return in cash totals $132,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,326/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2001

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 2-bedroom ranch, ideally located just minutes from downtown Pendleton and scenic Falls Park. Step into the spacious great room, where a cozy woodburning fireplace creates the perfect ambiance for relaxing or entertaining. The kitchen features abundant cabinet space and a convenient built-in desk, making meal prep and organization effortless. Enjoy fresh paint inside and out, along with stylish newer LVP flooring throughout the main level. There's also a dedicated office with built-in bookshelves, perfect for working from home or pursuing your favorite hobbies. Retreat to the primary bedroom with its generous walk-in closet and a private ensuite bath showcasing double sinks and a walk-in shower. The laundry room is equipped with a washer and dryer for your convenience. Upstairs, a large bonus room awaits, offering endless possibilities for a playroom, gym, or guest space. Step outside to enjoy the screened-in porch and open patio-perfect for entertaining. This wonderful home is move-in ready and waiting for you to make it your own!

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