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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Fort Wayne, IN

Listed for sale 1 day ago
$ 350,000
ROI
19.9
Cash Flow/m
10- 2 Bed
- 2 Bath
- 1924 sft
2426 Cheverly Ln, Fort Wayne, IN, 46804

Listed for sale 2 days ago
$ 226,700
ROI
29.1
Cash Flow/m
590- 2 Bed
- 2 Bath
- 1507 sft
4110 Stillwood Dr, Fort Wayne, IN, 46815

Listed for sale 3 days ago
$ 179,900
ROI
30.6
Cash Flow/m
542- 2 Bed
- 2 Bath
- 1156 sft
4505 Brookshire Cir, Fort Wayne, IN, 46835

Listed for sale 4 days ago
$ 362,000
ROI
23.7
Cash Flow/m
394- 3 Bed
- 3 Bath
- 1952 sft
9308 Colchester Ter, Fort Wayne, IN, 46825
Why Invest in Fort Wayne, Indiana?
Fort Wayne, Indiana offers strong investment potential in the condo market, with stable appreciation and growing demand from renters. Midwest affordability drives consistent cash flow for condo investors. Annual appreciation holds at 2%, supported by low vacancy and median sale prices around $264,000. Cap rates remain attractive amid inventory growth and buyer leverage. Renter-occupied units provide reliable yields in this stable market.
7.2%
Avg. ROI
6.8%
Rental Yield
5.9%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6-7% with low maintenance via HOAs. Stable 2% appreciation and growing renter demand make them attractive. Focus on central locations near employers for best cash flow.
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