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

Listed for sale 1 day ago
$ 434,900
ROI
27.6
Cash Flow/m
953- 4 Bed
- 3 Bath
- 3486 sft
7036 Summerlyn Dr, Fort Wayne, IN, 46835

$ 195,000
ROI
29.4
Cash Flow/m
520- 3 Bed
- 2 Bath
- 1539 sft
10128 Sagebrush Dr, Fort wayne, IN, 46825

Fix & Flip
Listed for sale 1 day ago
$ 164,900
ROI
26.9
Cash Flow/m
327- 3 Bed
- 2 Bath
- 1408 sft
7521 Avalon Dr, Fort Wayne, IN, 46819

$ 239,000
ROI
25.5
Cash Flow/m
383- 3 Bed
- 2 Bath
- 1317 sft
1506 Louisedale Dr, Fort wayne, IN, 46808
Why Invest in Fort Wayne, Indiana?
Fort Wayne, IN offers strong investment potential in properties under $500k, with median home prices around $234k-$264k providing accessible entry points. Stable appreciation of 2-2.3% annually supports long-term growth. Rental yields average 7-8% amid rising demand from first-time buyers and Midwest affordability. Cap rates hover at 6-7% with healthy cash flows for budget-conscious investors. Renter occupancy exceeds 35%, bolstered by job growth and low vacancy trends.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
Median prices of $234k-$264k offer low entry barriers with 2% appreciation and 7% yields. Strong renter demand from jobs keeps occupancy high. Investors see reliable cash flow in this stable market.
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