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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 4 days ago
$ 225,000
ROI
23.1
Cash Flow/m
210- 3 Bed
- 3 Bath
- 2312 sft
6764 Covington Creek Trl, Fort Wayne, IN, 46804

Listed for sale 5 days ago
$ 149,900
ROI
27.5
Cash Flow/m
321- 2 Bed
- 2 Bath
- 840 sft
5028 Woodmark Dr, Fort Wayne, IN, 46815

Listed for sale 6 days ago
$ 180,000
ROI
29.4
Cash Flow/m
482- 2 Bed
- 2 Bath
- 1288 sft
6332 Langwood Blvd, Fort Wayne, IN, 46835

$ 195,000
ROI
31.8
Cash Flow/m
655- 1 Bed
- 2 Bath
- 1201 sft
5521 Thornbriar Ln, Fort Wayne, IN, 46835
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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