Palmetto Plan, Maple Trails, Pendleton, IN, 46064 | $1,061/mo Cash Flow

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Palmetto Plan, Maple Trails, Pendleton, IN, 46064 | $1,061/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

Rental property for sale in Pendleton at Palmetto Plan, Maple Trails, Pendleton, IN, 46064 priced at $338,995 converts $3,096/mo rent into $1,061/mo cash flow after a $1,659/mo obligation. Total monthly income equals $3,096/mo, and annual cash flow totals $12,735/yr on $112,377 invested. Return on cash invested prints 31.24% in year one, and rental yield reads 10.96% against a $338,995 entry. Equity gained on principal adds $2,187/yr, while 5% annual appreciation compiles into $93,658 by year five. Five-year ROI reaches 163.4% and total cumulative return in cash sums $183,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,096/mo property income covering a $1,659/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

One of our newest floor plans, The Palmetto, has everything you could want in a new construction home! With optional upgrades and the chance to add a basement, this floor plan offers the ultimate flexibility for your needs. Our elevation options give your home a unique look, and the option of a full front porch or a breezeway. As you enter the home, you are met with a spacious, front living area that can be closed off with optional double doors for a quiet office or formal dining room. Moving back through the home, you can feel the openness of the living space. Right off the foyer, you'll find any chef's dream kitchen. With an L-shaped design, you can prepare a meal while continuing to entertain guests in the great room. Never run out of storage space with a walk-in pantry and cabinets lining the wall. The spacious kitchen island gives you extra counterspace for creating your next delicious meal. Enjoy family dinners in your cafe off the kitchen. Add an optional sunroom for a place to enjoy the weather all year round. Your spacious great room is the perfect size for having guests over or simply spending quality time with loved ones. Tucked away in the back of the first floor, your study is the perfect spot for working from home. If you need an extra bedroom, transform the study and powder bathroom into a guest suite with a full bathroom. Upstairs, you have four bedrooms, a second floor laundry room, and a large loft that can be used as a gaming area or another space to f

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