10424 Paw Paw Dr, Fort Wayne, IN, 46804 | $553/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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10424 Paw Paw Dr, Fort Wayne, IN, 46804 | $553/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 10424 Paw Paw Dr, Fort Wayne, IN, 46804 listed at $380,000 pairs $2,834/mo rent with a $1,860/mo payment to leave $553/mo cash flow. Total monthly income runs $2,834/mo, and annual cash flow reaches $6,634/yr on $125,970 cash to close. Return on cash invested measures 25.18% in year one, and rental yield registers 8.95% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 130.83% and total cumulative return in cash totals $164,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,834/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1973

1.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Start Showing Date: 11/15/2025 Welcome to the Kekionga Shores neighborhood. This sprawling ranch eagerly awaits the next chapter. Don't miss out on this three-bedroom, three full bath ranch on a full basement. There is plenty of space for the hobby enthusiast in the four-car attached garage. The garage is partially heated and comes with a window air conditioner. Enjoy the summer evenings in the enclosed porch overlooking the secluded wooded lot, or splash around with the kids in the above-ground pool. The pool deck is less than three years old. The property is literally steps away from the Aboite Trails, Indian Trails, and the Jorgensen YMCA. Living in Kekionga Shores, means access to the neighborhood's fully functioning lake, complete with a shared boat ramp, beach area, and fishing spot. It's an active lake perfect for pontoon rides, tubing, and jet skiing, offering the best of lake life within walking distance from home. This property has tons of potential to add your personal touches. Don't miss out on this wonderful opportunity!

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