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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
$ 249,000
ROI
22.5
Cash Flow/m
188- 2 Bed
- 2 Bath
- 1483 sft
6322 Baychester Dr, Fort Wayne, IN, 46815
Listed for sale 3 days ago
$ 317,000
ROI
21.2Cash Flow/m
126- 3 Bed
- 2 Bath
- 1676 sft
2428 Barcroft Ct, Fort Wayne, IN, 46804
Listed for sale 6 days ago
$ 259,000
ROI
20.2Cash Flow/m
31- 2 Bed
- 2 Bath
- 1482 sft
9715 Woodland Rdg E, Fort Wayne, IN, 46804
Listed for sale 6 days ago
$ 185,000
ROI
25.3Cash Flow/m
284- 2 Bed
- 1 Bath
- 1030 sft
8028 Harrisburg 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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