6630 S Cross StPendletonIN46064
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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
Investment Highlights
Investment property for sale in Pendleton at 6630 S Cross St, Pendleton, IN, 46064 earns $558/mo cash flow from $2,238/mo rent with a $1,370/mo payment. Total monthly income totals $2,238/mo, and annual cash flow totals $6,692/yr on $92,820 capital. ROI tracks 27.12% on current figures, and rental yield reads 9.59% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 141.25% and total cumulative return in cash sums $131,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,238/mo property income instead of your personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,945
Single Family
6,893
Multi-Family
52
Businesses
417
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