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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1010 Butler Lake Ct, Fort Wayne, IN, 46818 listed at $299,900 pairs $1,866/mo rent with a $1,468/mo payment to leave $36/mo cash flow. Total monthly income runs $1,866/mo, and annual cash flow reaches $437/yr on $99,417 cash to close. Return on cash invested measures 20.35% in year one, and rental yield registers 7.47% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 105.1% and total cumulative return in cash totals $104,488. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,866/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
8,886 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jihan Rachel E Brooks • DRH Realty of Indiana, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538370
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
