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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 5630 S Cladwell Dr, Pendleton, IN, 46064 with 5% annual appreciation on a $247,500 basis while $1,886/mo rent supports operations. Total monthly income totals $1,886/mo and a $1,211/mo payment preserves $401/mo for cash returns. Annual cash flow comes to $4,808/yr on $82,046 deployed, and return on cash invested reaches 25.77% in year one. Equity gained on principal adds $1,597/yr, and five-year appreciation sums $68,380 alongside rental yield of 9.14%. Five-year ROI measures 134.02% and total cumulative return in cash totals $109,961.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,886/mo property income versus a $1,211/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.43 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brian Waters • Mentor Listing Realty Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077157
