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

Plainfield, IN has a median modeled monthly cash flow of $-857 and a median cap rate of 3.7%, on a median sold price of $343,583. Prices changed +0.6% year over year.

What is the average cap rate in Plainfield, IN?

The median cap rate across recently sold homes in Plainfield, IN is 3.7%, 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 $343,583 (about $162 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.

$343,583Median sold price

$162Median $/sqft

3.7%Median cap rate

$-857Modeled cash flow / mo

+0.6%Appreciation YoY

5.1Months of supply

258Active listings

608Sold (last 12 mo)

What the Plainfield numbers say

In Plainfield, IN, the median home sold for $343,583 (about $162 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-857 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 5.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

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.