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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 8070 Ridge Line Dr, Pendleton, IN, 46064 uses $113,171 cash to close to unlock $2,263/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $2,238/mo, and a $1,671/mo payment keeps the spread at $189/mo. Purchase price stands at $341,390, and rental yield measures 7.87% with $2,238/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $94,320 over five years. Five-year ROI reaches 113.32% and total cumulative return in cash records $128,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,238/mo property income covering a $1,671/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-12-06 | Listed for sale | $341,390 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
