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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 5623 Starla Ln, Plainfield, IN, 46168 earns $449/mo cash flow from $2,299/mo rent with a $1,488/mo payment. Total monthly income totals $2,299/mo, and annual cash flow totals $5,389/yr on $100,776 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.07% at a $304,000 purchase. Equity gained on principal adds $1,962/yr, and 5% annual appreciation supports $83,990 over five years. Five-year ROI reaches 131.42% and total cumulative return in cash sums $132,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,299/mo property income instead of your personal income.
Single Family
Built in 2018
8,276 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-12-11 | Sold | $304,000 |
| 2024-11-02 | Pending sale | $308,000 |
| 2024-10-14 | Listed for sale | $308,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2256.96 | -3.24% | $261,100 | 4.11% |
| 2023-10-26 | $2332.44 | 17.92% | $250,800 | 6.95% |
| 2022-10-26 | $1977.98 | 19.74% | $234,500 | 16.03% |
Listed by: Edward James • RE/MAX Centerstone
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21971364
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 23:48:13 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)
