2855 Piper PlPlainfieldIN46168
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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
Investment property for sale in Plainfield at 2855 Piper Pl, Plainfield, IN, 46168 listed at $332,759 pairs $2,245/mo rent with a $1,629/mo payment to leave $247/mo cash flow. Total monthly income runs $2,245/mo, and annual cash flow reaches $2,966/yr on $110,310 cash to close. Return on cash invested measures 22.6% in year one, and rental yield registers 8.1% at a $332,759 basis. Equity gained on principal adds $2,147/yr, and annual property appreciation at 5% supports $91,935 by year five. Five-year ROI tracks 117.05% and total cumulative return in cash totals $129,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,245/mo property income relative to a $1,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,708 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: Doug Anderson • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068655