5740 Bancroft Dr, Pendleton, IN, 46064 | 5.98% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5740 Bancroft Dr, Pendleton, IN, 46064 | 5.98% Rental Yield | 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

Total monthly income runs $2,578/mo, and a $2,533/mo payment. Purchase price stands at $517,575, and rental yield measures 5.98% with $2,578/mo rent. Return on cash invested shows 16.33% in year one, and 5% annual appreciation builds toward $142,996 over five years. Five-year ROI reaches 83.41% and total cumulative return in cash records $142,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,578/mo property income covering a $2,533/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

D.R. Horton, America's Builder, proudly presents the Johnstown floor plan, nestled within the lively community of Pendleton. Encompassing an impressive 3,062 square feet, the Johnstown exemplifies modern living, offering everything you could wish for and more. This thoughtfully designed home features five spacious bedrooms, 3.5 opulent baths, and a generous 3-car garage, ensuring both comfort and practicality. Imagine unwinding in the expansive great room, hosting elegant dinners in the stylish dining area, or making the most of the versatile flex room on the main floor. At the heart of this home lies the stunning kitchen, with its substantial center island, pristine white cabinetry, ample countertop space, and a strategically placed corner pantry ready for all your culinary endeavors. Journey upstairs to discover a true retreat in the primary bedroom, complete with an ensuite bathroom and dual walk-in closets that offer unparalleled spaciousness. The upper level continues to impress with three additional bedrooms, a cozy loft ideal for relaxation, and a conveniently located laundry room. As with all D.R. Horton homes, the Johnstown is equipped with America's Smart Home Technology. This innovative suite of smart home features ensures you stay effortlessly connected to what matters most, seamlessly blending modern technology with timeless design. Photos are representative of plan and may vary as built.

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