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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 755 Viewpoint Dr, Plainfield, IN, 46168 priced at $425,000 converts $2,824/mo rent into $273/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,824/mo, and annual cash flow totals $3,276/yr on $140,888 invested. Return on cash invested prints 22.23% in year one, and rental yield reads 7.97% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 115.06% and total cumulative return in cash sums $162,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,824/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.67 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-23 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $2943.24 | 0.04% | $315,900 | 1.51% |
| 2023-06-25 | $2942.00 | 14.25% | $311,200 | 5.14% |
| 2022-06-25 | $2575.00 | 6.01% | $296,000 | 14.24% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
