




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Plainfield at 1816 Hemlock Ln, Plainfield, IN, 46168 earns $518/mo cash flow from $1,898/mo rent with a $1,125/mo payment. Total monthly income totals $1,898/mo, and annual cash flow totals $6,220/yr on $76,179 capital. ROI tracks 28.07% on current figures, and rental yield reads 9.91% at a $229,800 purchase. Equity gained on principal adds $1,483/yr, and 5% annual appreciation supports $63,490 over five years. Five-year ROI reaches 146.41% and total cumulative return in cash sums $111,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,898/mo property income instead of your personal income.
Single Family
Built in 1971
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46168, Plainfield, IN area.
| 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 |
Residential
16,117
Single Family
14,534
Multi-Family
1,583
Businesses
1,370
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listing removed | $234,900 |
| 2025-06-18 | Listed for sale | $234,900 |
| 2009-01-16 | Sold | $70,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1100.48 | -6.18% | $157,500 | 9.53% |
| 2023-11-01 | $1173.00 | 16.35% | $143,800 | 4.51% |
| 2022-11-01 | $1008.16 | -7.22% | $137,600 | 12.42% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A