5883 Farwell Ave, Plainfield, IN, 46168 | $239/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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5883 Farwell Ave, Plainfield, IN, 46168 | $239/mo Cash Flow | 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 5883 Farwell Ave, Plainfield, IN, 46168 uses $109,393 cash to close to unlock $2,871/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,615/mo payment keeps the spread at $239/mo. Purchase price stands at $329,995, and rental yield measures 8.07% with $2,220/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $91,172 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash records $127,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Townhouse

Built in 2025

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Townhomes Collection offers new three-story townhome designs coming soon to the Saratoga Village master-planned community in Plainfield, IN. Onsite amenities include barbecue stations and picnic areas for outdoor enjoyment. This community is primely located less than a mile from the nearest major highway and 19 miles to downtown Indianapolis. For recreation, residents can hit the greens at nearby Oak Tree Golf Course or set off on loop trails at Burnett Woods Nature Preserve. The 3-story Madison Townhome features a finished lower level. The main floor has an open-concept kitchen, breakfast nook & great room, with a balcony offering additional living space outdoors. The flex room is perfect for hobbies, study, work or fitness. The 3rd floor features a luxurious owner's suite and 2 bedrooms. *Photos/Tour of model may show features not selected in 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