308 Vista Ct, Plainfield, IN, 46168 | 5.62% Rental Yield

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Price: $300K - 500K

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308 Vista Ct, Plainfield, IN, 46168 | 5.62% Rental Yield | Ziffy

For Sale

Rental Income

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

Rental property for sale in Plainfield at 308 Vista Ct, Plainfield, IN, 46168 generates $2,245/mo in rent, after a $2,344/mo payment. Total monthly income is $2,245/mo. Return on cash invested sits at 15.15% in year one, and rental yield is 5.62% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 77.09% and total cumulative return in cash sums $122,415. 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 1992

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Home Sweet Home! Beautifully maintained custom-built brick home, perfectly situated on a peaceful cul-de-sac in an established neighborhood-with no HOA fees or restrictions. This spacious 3-bedroom, 3.5-bathroom home offers over 3,200 total finished square feet and sits on a generous half-acre lot with mature landscaping. This home was designed for comfort, entertaining, and flexibility. Step inside to find a welcoming entryway and formal dining room featuring detailed crown molding. The heart of the home is the impressive great room, boasting a vaulted ceiling and a cozy brick gas fireplace. The eat-in kitchen is a chef's dream, complete with custom oak cabinetry, granite countertops, and stainless-steel appliances with a breakfast area. The screened-in patio provides a relaxing space to enjoy morning coffee or evening breezes, while the spacious deck and gazebo are perfect for entertaining guests or family gatherings. The primary suite features a tray ceiling, custom walk-in closet system, and a large en-suite bath with his and her vanities, a garden tub, and a separate stand-up shower. Two additional bedrooms and well-appointed bathrooms round out the main level. Downstairs, the finished walk-out basement offers a large rec/family room, workout space, and even a separate entrance and parking area, making it ideal for an in-law suite, guest quarters, or potential rental income. The 2-car garage boasts extra space for storage or workspace. This home waits for you. Hurry, schedule a private viewing today!

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