319 Jefferson St, Pendleton, IN, 46064 | 4.03% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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319 Jefferson St, Pendleton, IN, 46064 | 4.03% Rental Yield | Ziffy

For Sale

Listed for sale 2 days ago

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 319 Jefferson St, Pendleton, IN, 46064 with 5% annual appreciation on a $359,000 basis while $1,205/mo rent supports operations. 33% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 4.03%. Five-year ROI measures 51.27% and total cumulative return in cash totals $61,015. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,205/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1953

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming home has been completely renovated from top to bottom offering modern finishes in a highly desirable Pendleton location on a quiet dead-end street. Enjoy beautiful hardwood floors throughout and a stylish IKEA kitchen featuring stainless steel appliances, quartz counter tops, sleek design, and a large pantry. With an open concept on the main level, the kitchen is open to the living room and dining room making it a great place to gather. Also located on the main level is a bedroom, a full bath, and a nice size laundry room. Upstairs you'll find a large loft ideal for a second living area, home office, or flex space. The impressive primary suite features a generous IKEA walk-in closet and a spa-like bathroom with double vanity and tiled shower. A one-car detached garage and inviting front porch complete this move-in-ready home. This showstopper is waiting for the right person to call it home.

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