








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at 10020 Red Pine Ct, Fort Wayne, IN, 46804 offers a 7.06% rental yield on a $389,900 purchase with $2,294/mo rent. 48% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 100.28% and total cumulative return in cash at $129,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,294/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,704 (100%) |
| Owner Occupied HU | 8,866 (64.7%) |
| Renter Occupied HU | 4,275 (31.2%) |
| Vacant Housing Units | 563 ( 4.1%) |
| Median Home Value | $272,764 |
| Average Home Value | $304,067 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lilliana Caro • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls ID: #202542135