








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 10217 Lake Tahoe Ct, Fort Wayne, IN, 46804 offers a 9.34% rental yield on a $270,000 purchase with $2,101/mo rent. Total monthly income registers $2,101/mo, and a $1,322/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,873/yr on $89,505 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 115.45% and total cumulative return in cash at $103,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
9,583 sqft lot
$N/A/sqft
$190 annually 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 |
|---|---|---|
| 2025-08-05 | Sold | $270,000 |
| 2025-07-15 | Pending sale | $280,000 |
| 2025-05-07 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $5933.70 | 18.86% | $260,000 | -6.10% |
| 2023-10-18 | $4992.30 | 129.27% | $276,900 | 19.25% |
| 2022-10-18 | $2177.46 | 9.23% | $232,200 | 11.69% |



Listed by: Son Huynh • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516412
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.