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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 474 Pekin Way, Pendleton, IN, 46064 at $485,000 posts ROI 17.05% with from $2,578/mo rent. Total monthly income equals $2,578/mo. Return on cash invested measures 17.05% and rental yield reads 6.38% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 87.39% and total cumulative return in cash totals $140,498. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,578/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
0.32 Acres lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $4277.00 | 18069.07% | $462,300 | 8.09% |
| 2023-04-17 | $23.54 | -41.91% | $427,700 | 21285.00% |
| 2022-04-17 | $40.52 | 162.44% | $2,000 | 17.65% |
What's Special
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Listed by: Rachelle (Shelly) Hughes • Indy A-Team Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22032862
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-17 07:52:51 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)
