1330 Section St, Plainfield, IN, 46168 | $684/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1330 Section St, Plainfield, IN, 46168 | $684/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 1330 Section St, Plainfield, IN, 46168 offers a 10.36% rental yield on a $260,000 purchase with $2,245/mo rent. Total monthly income registers $2,245/mo, and a $1,273/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,206/yr on $86,190 to close, and return on cash invested stands at 29.43% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 153.66% and total cumulative return in cash at $132,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,245/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1956

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Tucked away at 1330 Section ST, PLAINFIELD, IN, this single-family residence in Hendricks County is just begging for a makeover, presenting a thrilling canvas for those with a vision and a hammer! Calling all handy homeowners and investors, because this is your chance to shine. Imagine yourself basking in the sun on your very own deck, a perfect spot to unwind after a fulfilling day or to host delightful gatherings with friends. Three bedrooms await your creative touch, ready to be transformed into cozy sanctuaries or stylish guest rooms, offering ample space for rest and rejuvenation. With one full bathroom and one half bathroom, convenience is always at your fingertips, ensuring smooth mornings and stress-free evenings. The generous 1576 square feet of living area offers a delightful playground for your imagination, while the expansive 9148 square feet lot provides abundant room for outdoor adventures and landscaping dreams. Built in 1956 and featuring a single story, this home offers a solid foundation brimming with potential. Seize this wonderful investment opportunity and transform this house into a remarkable home.

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