1011 Stevedon Ct, Plainfield, IN, 46168 | $502/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1011 Stevedon Ct, Plainfield, IN, 46168 | $502/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

Investment property for sale in Plainfield at 1011 Stevedon Ct, Plainfield, IN, 46168 earns $502/mo cash flow from $2,230/mo rent with a $1,409/mo payment. Total monthly income totals $2,230/mo, and annual cash flow totals $6,023/yr on $95,439 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.29% at a $287,900 purchase. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,541 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash sums $130,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,230/mo property income instead of your personal income.

Single Family

Built in 1988

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 3-bedroom, 2-bathroom custom ranch nestled in a highly sought-after Cedar Trace. This all-brick home boasts cathedral ceilings, giving the open-concept living space an airy, and expansive feel. Great room has brick, wood-burning fireplace. Freshly painted throughout, updated windows, and new LVP flooring make it move-in ready. Additional features include a spacious primary suite with on-suite bath, and a nicely-laid out kitchen with stainless appliances. Step outside and enjoy the fully-fenced large yard, perfect for entertaining, gardening, or relaxing in your own private retreat. Situated just minutes from parks, walking trails, and local amenities, this home offers both peace and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46168, Plainfield, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,473 (100%)
Owner Occupied HU	10,797 (65.5%)
Renter Occupied HU	4,993 (30.3%)
Vacant Housing Units	683 ( 4.1%)
Median Home Value	$287,004
Average Home Value	$304,001