8797 Winton PlPendletonIN46064
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
Investment Highlights
Rental property for sale in Pendleton at 8797 Winton Pl, Pendleton, IN, 46064 priced at $328,200 converts $2,599/mo rent into $587/mo cash flow after a $1,606/mo obligation. Total monthly income equals $2,599/mo, and annual cash flow totals $7,047/yr on $108,798 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 9.5% against a $328,200 entry. Equity gained on principal adds $2,118/yr, while 5% annual appreciation compiles into $90,676 by year five. Five-year ROI reaches 137.53% and total cumulative return in cash sums $149,626. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,599/mo property income covering a $1,606/mo payment, not borrower’s personal income.
Single Family
Built in 2020
7,800 sqft lot
$N/A/sqft
$42 monthly 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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