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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% |
Rental property for sale in Plainfield at 6376 Matcumbe Way, Plainfield, IN, 46168 generates $2,501/mo in rent and, after a $1,322/mo payment, leaves $830/mo in cash flow. Total monthly income is $2,501/mo, and annual cash flow is $9,957/yr on $89,505 invested. Return on cash invested sits at 31.03% in year one, and rental yield is 11.12% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 162.51% and total cumulative return in cash sums $145,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
$300 semi-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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $270,000 |
| 2018-07-25 | Sold | $172,000 |
| 2018-06-19 | Pending sale | $169,702 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1984.30 | -1.27% | $250,900 | 10.87% |
| 2023-04-30 | $2009.76 | 20.21% | $226,300 | 6.29% |
| 2022-04-30 | $1671.84 | 0.75% | $212,900 | 16.72% |
What's Special
Access Only
Listed by: Devin Brennan • Ferris Property Group
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22034382
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-30 08:17:45 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)
