Chestnut Plan, Cold Springs at Huntzinger FarmPendletonIN46064
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 Chestnut Plan, Cold Springs at Huntzinger Farm, Pendleton, IN, 46064 priced at $288,995 converts $2,471/mo rent into $737/mo cash flow after a $1,414/mo obligation. Total monthly income equals $2,471/mo, and annual cash flow totals $8,840/yr on $95,802 invested. Return on cash invested prints 29.14% in year one, and rental yield reads 10.26% against a $288,995 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,844 by year five. Five-year ROI reaches 152.09% and total cumulative return in cash sums $145,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,471/mo property income covering a $1,414/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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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