2916 Market St, Pendleton, IN, 46064 | $186/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2916 Market St, Pendleton, IN, 46064 | $186/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1380 sft

4106 Candy Apple Blvd, Indianapolis, IN, 46235

2 Bed
2 Bath
1184 sft

11503 Creekview Ln, Indianapolis, IN, 46236

3 Bed
1 Bath
676 sft

6873 E 42nd St, Indianapolis, IN, 46226

Investment Property+ 1 more

4 Bed
3 Bath
2328 sft

11440 Presidio Dr, Indianapolis, IN, 46235

Nearby investment properties with comparable prices

3 Bed
3 Bath
1298 sft

9132 Sea Oats Dr, Indianapolis, IN, 46250

2 Bed
1 Bath
1092 sft

2025 E Broadway St, Fortville, IN, 46040

2 Bed
1 Bath
858 sft

9223 Steeplechase Dr, Indianapolis, IN, 46250

2 Bed
2 Bath
1230 sft

9699 Exchange St, Fishers, IN, 46038

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Pendleton at 2916 Market St, Pendleton, IN, 46064 uses $67,958 cash to close to unlock $2,229/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $1,003/mo payment keeps the spread at $186/mo. Purchase price stands at $205,000, and rental yield measures 8.29% with $1,416/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 120.21% and total cumulative return in cash records $81,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $1,003/mo payment rather than investor’s personal income.

Single Family

Built in 1943

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2916 Market St, a beautifully updated 3 bed / 1 bath home in the highly desirable Pendleton area. This property offers the perfect blend of comfort, privacy, and functionality ideal for first-time buyers, downsizers, or investors looking for a strong rental opportunity. Step inside to find a freshly updated master bedroom, a bright living space, and a kitchen featuring a skylight that fills the room with natural light. The home also features a new roof installed in 2019, offering peace of mind and long term durability. Outside, you'll love the fully fenced-in backyard, offering privacy for pets, kids, and outdoor gatherings. The property also includes a huge detached garage, perfect for vehicles, storage, hobbies, or a workshop. The backyard showcases beautiful landscaping, creating your own peaceful retreat. Whether you're searching for a place to call home or an excellent investment property, this home checks every box. Clean, updated, and priced to be competitive for a quick sale opportunities like this don't last long!

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