2226 Galleone WayPlainfieldIN46168
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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
Rental property for sale in Plainfield at 2226 Galleone Way, Plainfield, IN, 46168 generates $2,245/mo in rent, after a $1,860/mo payment. Total monthly income is $2,245/mo. Return on cash invested sits at 19.56% in year one, and rental yield is 7.09% on a $379,995 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,986 over five years. Five-year ROI reaches 100.75% and total cumulative return in cash sums $126,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,245/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
7,405 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,117
Single Family
14,534
Multi-Family
1,583
Businesses
1,370
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Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080056