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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 4011 Spirea Dr, Plainfield, IN, 46168 listed at $412,900 pairs $2,908/mo rent with a $2,021/mo payment to leave $429/mo cash flow. Total monthly income runs $2,908/mo, and annual cash flow reaches $5,152/yr on $136,876 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 8.45% at a $412,900 basis. Equity gained on principal adds $2,664/yr, and annual property appreciation at 5% supports $114,077 by year five. Five-year ROI tracks 122.8% and total cumulative return in cash totals $168,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,908/mo property income relative to a $2,021/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
9,583 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carl Vargas • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076133
