Is Plainfield, IN a good place to invest in rental property?

Plainfield, IN has a median modeled monthly cash flow of $-732 and a median cap rate of 3.8%, on a median sold price of $340,000. Prices changed -1.2% year over year.

What is the average cap rate in Plainfield, IN?

The median cap rate across recently sold homes in Plainfield, IN is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Plainfield, IN?

The median sold price in Plainfield, IN is $340,000 (about $160 per square foot).

Investing in Plainfield, IN Real Estate

A data-driven snapshot of the Plainfield, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$340,000Median sold price

$160Median $/sqft

3.8%Median cap rate

$-732Modeled cash flow / mo

-1.2%Appreciation YoY

9.9Months of supply

477Active listings

580Sold (last 12 mo)

What the Plainfield numbers say

In Plainfield, IN, the median home sold for $340,000 (about $160 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-732 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 9.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Plainfield — listings where the estimated after-repair value beats list price + rehab.

Other Indiana markets to compare

See Plainfield cash-flowing listings

CashFlowRE ranks every for-sale home in Plainfield, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Plainfield deals, or browse the national market data.