8573 Kellner 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 8573 Kellner St, Pendleton, IN, 46064 uses $137,573 cash to close to unlock $1,044/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $2,578/mo, and a $2,031/mo payment keeps the spread at $87/mo. Purchase price stands at $415,000, and rental yield measures 7.45% with $2,578/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash records $146,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,578/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2022
7,840 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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