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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 2 days ago
$ 250,823
ROI
25.6
Cash Flow/m
407- 2 Bed
- 2 Bath
- 1558 sft
11849 Flat Rock Blvd, Fort Wayne, IN, 46845
Listed for sale 5 days ago
$ 185,000
ROI
30.0Cash Flow/m
526- 2 Bed
- 2 Bath
- 1288 sft
6304 Langwood Blvd, Fort Wayne, IN, 46835
Listed for sale 5 days ago
$ 285,000
ROI
26.4Cash Flow/m
523- 3 Bed
- 2 Bath
- 1556 sft
1207 Brenton Pass, Fort Wayne, IN, 46818
Listed for sale 5 days ago
$ 249,900
ROI
30.6Cash Flow/m
752- 2 Bed
- 2 Bath
- 1558 sft
11842 Flat Rock Blvd, Fort Wayne, IN, 46845
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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