6662 Largo Ln #244PlainfieldIN46168
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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
Investment Highlights
Rental property for sale in Plainfield at 6662 Largo Ln #244, Plainfield, IN, 46168 generates $2,172/mo in rent and, after a $1,112/mo payment, leaves $789/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $9,470/yr on $75,317 invested. Return on cash invested sits at 32.48% in year one, and rental yield is 11.47% on a $227,200 entry. Equity gained on principal adds $1,466/yr, while 5% annual appreciation builds toward $62,771 over five years. Five-year ROI reaches 170.18% and total cumulative return in cash sums $128,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1,023 sqft lot
$N/A/sqft
$19 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,117
Single Family
14,534
Multi-Family
1,583
Businesses
1,370
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