805 W BarouchePendletonIN46064
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 805 W Barouche, Pendleton, IN, 46064 in Pendleton. Rental yield 6.33%. The 1.17 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $138,141 and $4,605/yr in principal reduction project total return of $165,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.0% |
| Monthly Cash Flow | $(365) | $250 |
City averages based on Pendleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,636 |
| Total Monthly Debt Service | $2,802 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.73 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2018
0.73 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Orr • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518584
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.