Chatham Plan, FairwoodPlainfieldIN46168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chatham Plan, Fairwood, Plainfield, IN, 46168 priced at $404,000 converts $2,808/mo rent into $383/mo cash flow after a $1,977/mo obligation. Total monthly income equals $2,808/mo, and annual cash flow totals $4,599/yr on $133,926 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.34% against a $404,000 entry. Equity gained on principal adds $2,607/yr, while 5% annual appreciation compiles into $111,618 by year five. Five-year ROI reaches 121.02% and total cumulative return in cash sums $162,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,808/mo property income covering a $1,977/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A