








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Plainfield at 5194 Orahood Ct, Plainfield, IN, 46168 generates $3,007/mo in rent, after a $2,814/mo payment. Total monthly income is $3,007/mo. Return on cash invested sits at 16.77% in year one, and rental yield is 6.28% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 85.88% and total cumulative return in cash sums $162,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,007/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
8,712 sqft lot
$N/A/sqft
$900 annually 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 |
|---|---|---|
| 2025-09-22 | Sold | $575,000 |
| 2025-08-31 | Pending sale | $599,000 |
| 2025-07-10 | Price change | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $4174.48 | 3.43% | $448,400 | 5.98% |
| 2023-10-23 | $4036.00 | 12.02% | $423,100 | 4.83% |
| 2022-10-23 | $3603.00 | 3.98% | $403,600 | 12.02% |



What's Special
Access Only
Listed by: Lynn Murray • Indy Property Experts LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22044271
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 00:12:57 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)