323 S Vine St, Plainfield, IN, 46168 | 6.58% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

323 S Vine St, Plainfield, IN, 46168 | 6.58% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
2134 sft

4039 Amaryllis Dr, Plainfield, IN, 46168

2 Bed
2 Bath
1338 sft

5108 Silverbell Dr, Plainfield, IN, 46168

2 Bed
2 Bath
2231 sft

4993 Silverbell Dr, Plainfield, IN, 46168

2 Bed
2 Bath
1862 sft

4752 Petunia Dr, Plainfield, IN, 46168

Nearby investment properties with comparable prices

3 Bed
3 Bath
1375 sft

1118 S Lona Dr, Martinsville, IN, 46151

3 Bed
2 Bath
2008 sft

109 E Harrison St, Martinsville, IN, 46151

3 Bed
2 Bath
2542 sft

312 S Center St, Plainfield, IN, 46168

3 Bed
1 Bath
1616 sft

539 S Sycamore St, Martinsville, IN, 46151

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Plainfield at 323 S Vine St, Plainfield, IN, 46168 offers a 6.58% rental yield on a $229,900 purchase with $1,260/mo rent. 02% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 92.54% and total cumulative return in cash at $70,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

You do not want to miss this charmer located in the heart of Plainfield on quiet S. Vine Street! As you walk through the original 1920 wrought-iron fence from days gone by you can feel the history in this adorable home! Enjoy the open front porch with room to gather with friends and family and soak up the sun! As you enter the home you'll notice the soaring ceiling and sunlit rooms as well as the beautiful hardwood floors in the Living Room and Bedrooms! The primary bedroom features double doors and plenty of room! Bedroom 2 has double closets and plenty of storage space! The updated, generous-sized bathroom has a beautiful claw-foot tub to soak your stress away after a long day(or take a hot shower!) The dining room features a small closet that doubles as a hidden "speak-easy" bar you can decorate as you wish! The sun-filled kitchen has updates and offers plenty of cabinets and room to cook! Off the kitchen is the laundry room and an attached over-sized 2 car garage w/ alley access and guest parking in the driveway. Enjoy the beautiful landscaping, mature trees and all within walking distance to "old town" Plainfield, shops, bakeries, restuaurants, schools, library and more. All appliances included in this adorable property!

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