4261 Washington Blvd, Plainfield, IN, 46168 | 5.57% Rental Yield

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4261 Washington Blvd, Plainfield, IN, 46168 | 5.57% Rental Yield | Ziffy

For Sale

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

Investment property for sale in Plainfield at 4261 Washington Blvd, Plainfield, IN, 46168 at $269,900 posts ROI 14.98% with from $1,253/mo rent. Total monthly income equals $1,253/mo. Return on cash invested measures 14.98% and rental yield reads 5.57% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 76.19% and total cumulative return in cash totals $68,166. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,253/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2016

N/A lot

$N/A/sqft

No HOA

More details about the property

Move-In Ready Condo in the Desirable Springs of Saratoga in Plainfield! Welcome to this beautifully updated 3-bedroom, 2-bath condo located in the sought-after Springs of Saratoga community. This move-in ready home features fresh paint and new flooring throughout, offering a bright, clean, and modern feel from the moment you walk in. Step inside to a dramatic two-story entryway that leads to an expansive open-concept living and dining area, highlighted by light luxury vinyl plank flooring and abundant natural light. A cozy fireplace anchors the living room-perfect for relaxing on chilly evenings. Just off the living room, enjoy your own private deck with tranquil pond view-an ideal spot for morning coffee or evening unwinding. The kitchen overlooks the living area and features solid surface countertops, stainless steel appliances, a stylish tile backsplash, and a convenient breakfast bar-perfect for casual dining and entertaining. The spacious primary suite offers brand-new carpet, high ceilings, and soothing neutral tones. The en-suite bath includes dual sinks, a full shower stall, and a generous walk-in closet with built-in shelving for easy organization. You'll find two additional bedrooms-both with built-in cabinetry-along with a second full bath and a large laundry/utility room offering convenience and functionality. Residents of the Springs of Saratoga enjoy access to a sparkling community pool and beautifully maintained grounds. This condo is the perfect blend of comfort, style, and low-maintenance living. Don't miss your chance to call this updated and inviting condo your new home!

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