9804 Canyon Ln, Pendleton, IN, 46064 | $310/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9804 Canyon Ln, Pendleton, IN, 46064 | $310/mo Cash Flow | Ziffy

For Sale

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 9804 Canyon Ln, Pendleton, IN, 46064 earns $310/mo cash flow from $2,231/mo rent with a $1,566/mo payment. Total monthly income totals $2,231/mo, and annual cash flow totals $3,724/yr on $106,080 capital. ROI tracks 23.42% on current figures, and rental yield reads 8.37% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 121.45% and total cumulative return in cash sums $128,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,231/mo property income instead of your personal income.

Single Family

Built in 2022

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover relaxed, low-maintenance living just 9 minutes from Hamilton Town Center. Built in 2022, this thoughtfully designed ranch home offers the perfect blend of modern comfort and timeless style across 1,665 square feet of easy, single-level living. Step inside to an inviting great room with vaulted ceilings and warm luxury vinyl plank floors that flow seamlessly into the kitchen and dining areas. The well-appointed kitchen features stainless steel appliances, quartz countertops, large center island, and plenty of storage-including a large pantry. Enjoy meals in the sunny breakfast nook or host family dinners in the separate dining area. The spacious primary suite offers a peaceful retreat with a walk-in closet and double-sink vanity. A second bedroom provides flexibility for visiting guests, a hobby room, or a private home office. Out back, unwind in your own outdoor haven-complete with a built-in pizza oven, fire pit, and an inviting patio retreat that extends your living space into the outdoors. Whether entertaining friends or enjoying a quiet evening under the stars, this space is designed for comfort and connection. With smart irrigation, easy-care landscaping (lawn care included with the HOA), and proximity to parks, walking trails, and shopping, this home offers everything you need for a comfortable and connected lifestyle. Welcome home-designed for convenience, quality, and peace of mind.

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