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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 10207 River Rapids Run, Fort Wayne, IN, 46845 offers a 8.03% rental yield on a $524,900 purchase with $3,514/mo rent. Total monthly income registers $3,514/mo, and a $2,569/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,019/yr on $172,692 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 115.91% and total cumulative return in cash at $200,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,514/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.30 Acres lot
$N/A/sqft
$340 annually HOA
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $524,900 |
| 2023-05-09 | Sold | $374,900 |
| 2023-03-22 | Pending sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $2315.58 | -7.11% | $342,500 | 4.29% |
| 2023-04-14 | $2492.76 | 18.81% | $328,400 | 1.64% |
| 2022-04-14 | $2098.02 | 3.04% | $323,100 | 21.47% |
What's Special
Pull Down Stairs
Listed by: Joshua Vida • Paradigm Realty Solutions
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512494
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.
