7470 S 250 W, Pendleton, IN, 46064 | $155/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7470 S 250 W, Pendleton, IN, 46064 | $155/mo Cash Flow | 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

Investment property for sale in Pendleton at 7470 S 250 W, Pendleton, IN, 46064 uses $115,031 cash to close to unlock $1,865/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $2,238/mo, and a $1,698/mo payment keeps the spread at $155/mo. Purchase price stands at $347,000, and rental yield measures 7.74% with $2,238/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 111.3% and total cumulative return in cash records $128,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,238/mo property income covering a $1,698/mo payment rather than investor’s personal income.

Single Family

Built in 1968

1.12 Acres lot

$N/A/sqft

No HOA

More details about the property

Set on a serene 1.12-acre lot spanning two parcels, this stunning custom mid-century modern all-limestone ranch blends timeless architecture with peaceful country living. Overlooking a tranquil pond next door and surrounded by mature landscape, the property offers both privacy and convenience-just minutes from Pendleton schools and area amenities. Inside, you'll find three spacious bedrooms and two full baths, thoughtfully designed to capture natural light through multiple skylights. The galley-style kitchen sits at the heart of the home, connecting seamlessly to the surrounding living spaces. The inviting family room features a cozy wood-burning fireplace, creating a warm and welcoming focal point for gatherings. A rare indoor atrium spans the entire width of the back of the home-an absolute dream for plant enthusiasts or anyone who loves bringing the outdoors in. Step outside to a large deck overlooking the fenced backyard, ideal for entertaining or enjoying quiet evenings by the water. The three-car garage includes a convenient pull-through overhead door, making backyard access and projects effortless. If you're seeking mid-century charm, natural beauty, and everyday functionality, this exceptional limestone ranch delivers it all.

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