Spruce Plan, Cold Springs at Huntzinger FarmPendletonIN46064
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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
Investment Highlights
Investment property for sale in Pendleton at Spruce Plan, Cold Springs at Huntzinger Farm, Pendleton, IN, 46064 with 5% annual appreciation on a $304,995 basis while $2,905/mo rent supports operations. Total monthly income totals $2,905/mo and a $1,493/mo payment preserves $1,074/mo for cash returns. Annual cash flow comes to $12,888/yr on $101,106 deployed, and return on cash invested reaches 32.66% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,265 alongside rental yield of 11.43%. Five-year ROI measures 170.95% and total cumulative return in cash totals $172,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,905/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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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