Davidson Plan, The Ridge at Fall Creek: The Ridge at Fall Creek Venture, Pendleton, IN, 46064 | $477/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

Davidson Plan, The Ridge at Fall Creek: The Ridge at Fall Creek Venture, Pendleton, IN, 46064 | $477/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
3556 sft

9485 W Lantern Ln, Pendleton, IN, 46064

5 Bed
3 Bath
2736 sft

8690 Lester Pl, Pendleton, IN, 46064

5 Bed
3 Bath
2736 sft

9442 Larson Dr, Pendleton, IN, 46064

4 Bed
3 Bath
4132 sft

8549 S 750 W, Pendleton, IN, 46064

Nearby investment properties with comparable prices

3 Bed
2 Bath
1800 sft

5373 W Glenview Dr, McCordsville, IN, 46055

3 Bed
2 Bath
1800 sft

5345 Austell Dr, McCordsville, IN, 46055

3 Bed
2 Bath
1567 sft

8700 Marietta Ln, McCordsville, IN, 46055

5 Bed
3 Bath
2460 sft

4554 Laughter Ln, Indianapolis, IN, 46235

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Pendleton at Davidson Plan, The Ridge at Fall Creek: The Ridge at Fall Creek Venture, Pendleton, IN, 46064 priced at $349,995 converts $2,578/mo rent into $477/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,578/mo, and annual cash flow totals $5,725/yr on $116,023 invested. Return on cash invested prints 24.84% in year one, and rental yield reads 8.84% against a $349,995 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,697 by year five. Five-year ROI reaches 129.09% and total cumulative return in cash sums $149,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,578/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

On the first floor of this new two-story home is an open-concept layout shared among the modern kitchen, lovely dining room and a welcoming Great Room with backyard access, perfect for seamless everyday living and multitasking. In a corner is a peaceful bedroom for versatile needs. Upstairs is a generously sized loft surrounded by two secondary bedrooms and a spacious owner's suite.

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