1115 Maple AveFort WayneIN46807
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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 1115 Maple Ave, Fort Wayne, IN, 46807 earns $404/mo cash flow from $1,232/mo rent with a $675/mo payment. Total monthly income totals $1,232/mo, and annual cash flow totals $4,849/yr on $45,747 capital. ROI tracks 30.51% on current figures, and rental yield reads 10.71% at a $138,000 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 159.55% and total cumulative return in cash sums $72,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,232/mo property income instead of your personal income.
Single Family
Built in 1915
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46807, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,888 (100%) |
| Owner Occupied HU | 3,948 (57.3%) |
| Renter Occupied HU | 2,419 (35.1%) |
| Vacant Housing Units | 521 ( 7.6%) |
| Median Home Value | $189,648 |
| Average Home Value | $217,450 |
Housing Distribution
Address Breakdown
Residential
6,741
Single Family
6,404
Multi-Family
337
Businesses
242
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Listed by: Donielle Brown • Select Realty, LLC
Mls Name: IRMLS
Mls ID: #202539925