Chatham Plan, Baker's Pointe, Pendleton, IN, 46064 | $238/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Chatham Plan, Baker's Pointe, Pendleton, IN, 46064 | $238/mo Cash Flow | Ziffy

For Sale

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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

Rental property for sale in Pendleton at Chatham Plan, Baker's Pointe, Pendleton, IN, 46064 offers $2,578/mo rent that, after a $1,908/mo payment, leaves $238/mo cash flow. Total monthly income is $2,578/mo, and annual cash flow is $2,854/yr on $129,252 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 7.93% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 114.43% and total cumulative return in cash reaches $147,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,578/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

D.R. Horton, America's Builder, presents the Chatham, a spacious four bedroom ranch available in Fortville. Step inside this 1,771-square-foot home and find four spacious bedrooms and two full baths. At the front of the home, two secondary bedrooms share a hallway bath. A third bedroom is positioned near the laundry area and garage entry. The open living area connects the great room, dining nook, and kitchen for effortless flow and flexibility. In the kitchen, you'll find everything you need and more-abundant cabinets with dovetail drawers and soft-close cabinets, quartz countertops, and a generous island with a built-in sink and dishwasher. The layout is designed for prepping meals or catching up with loved ones while cooking. A walk-in pantry gives you the space to stay stocked and organized. Your owner's suite is tucked in the rear of the home, creating a private getaway. The bath includes a double-sink vanity, walk-in shower, and a walk-in closet with plenty of room for storage and comfort. Photos representative of plan and may vary as built.

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