10139 Woodland Rdg WFort WayneIN46804
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Wayne at 10139 Woodland Rdg W, Fort Wayne, IN, 46804 earns $118/mo cash flow from $2,298/mo rent with a $1,566/mo payment. Total monthly income totals $2,298/mo, and annual cash flow totals $1,422/yr on $106,080 capital. ROI tracks 21.25% on current figures, and rental yield reads 8.62% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 110.86% and total cumulative return in cash sums $117,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,298/mo property income instead of your personal income.
Condo
Built in 1998
9,583 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
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Listed by: Jess A Steury • F.C. Tucker Fort Wayne
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439442
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.