Condo Investment Properties for Sale in Fort Wayne, IN
Listed for sale 4 days ago
$ 279,900
ROI
21.5
Cash Flow/m
133- 3 Bed
- 2 Bath
- 1473 sft
1202 Providence Dr, Fort Wayne, IN, 46815
Listed for sale 4 days ago
$ 249,900
ROI
22.1Cash Flow/m
166- 2 Bed
- 2 Bath
- 1532 sft
5224 Copper Horse Trl, Fort Wayne, IN, 46845
Listed for sale 6 days ago
$ 249,900
ROI
33.5Cash Flow/m
959- 3 Bed
- 3 Bath
- 1696 sft
4422 Piazza Cir, Fort Wayne, IN, 46804
Listed for sale 6 days ago
$ 334,900
ROI
20.6Cash Flow/m
83- 2 Bed
- 2 Bath
- 2004 sft
9926 Woodland Rdg W, Fort Wayne, IN, 46804
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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