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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2787 Evergreen Ave, Plainfield, IN, 46168 uses $132,600 cash to close to unlock $4,744/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $2,908/mo, and a $1,958/mo payment keeps the spread at $395/mo. Purchase price stands at $400,000, and rental yield measures 8.72% with $2,908/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 122.17% and total cumulative return in cash records $161,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,908/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$334 quarterly 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 |
|---|---|---|
| 2025-02-20 | Sold | $400,000 |
| 2025-01-03 | Pending sale | $409,900 |
| 2024-11-16 | Price change | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
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Listed by: Mike Scheetz • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21994436
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 23:53:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
