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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 7657 Wheelwright Ct, Plainfield, IN, 46168 offers a 8.01% rental yield on a $464,500 purchase with $3,102/mo rent. Total monthly income registers $3,102/mo, and a $2,274/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,770/yr on $153,982 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $2,997/yr while 5% annual appreciation supports $128,333 over five years. Portfolio math shows five-year ROI at 115.75% and total cumulative return in cash at $178,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,102/mo property income against a $2,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.42 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Donna Mink • Mink Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056165
