9521 W Constellation Dr, Pendleton, IN, 46064 | $738/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9521 W Constellation Dr, Pendleton, IN, 46064 | $738/mo Cash Flow | Ziffy

Pending

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 9521 W Constellation Dr, Pendleton, IN, 46064 offers a 10.75% rental yield on a $249,900 purchase with $2,238/mo rent. Total monthly income registers $2,238/mo, and a $1,223/mo payment leaves $738/mo available for distribution. Annual cash flow reaches $8,856/yr on $82,842 to close, and return on cash invested stands at 30.6% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 159.97% and total cumulative return in cash at $132,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,238/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming home in Pendleton! This delightful home features 3 bedrooms and 2.5 bathrooms. When you enter you will find the living room that leads to the eat-in kitchen. The gas fireplace is the center point of the living room. The kitchen is equipped with stainless steel appliances that are included with the home. Newer vinyl plank flooring has been installed throughout most of the home (The seller is offering a flooring allowance for carpeted areas). The master bedroom is spacious and has a nicely sized walk-in closet and bathroom with garden tub. The upper level of the home has a loft that would be perfect for an additional living room, den, office or playroom. The laundry room is conveniently located on the upper level. Neighborhood amenities include walking trails, soccer field, tennis courts, basketball courts, swimming pool, hot tub, playground and clubhouse that can be rented for events. The HOA fee is relatively inexpensive ($420/year) for the number of amenities in the neighborhood. The school system is extremely popular and is rated 9/10 according to GreatSchools. The location of the home is near I-69 making it quick to commute to many cities.

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