1121 Pemberton DrFort WayneIN46805
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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
Rental property for sale in Fort Wayne at 1121 Pemberton Dr, Fort Wayne, IN, 46805 generates $1,398/mo in rent and, after a $829/mo payment, leaves $381/mo in cash flow. Total monthly income is $1,398/mo, and annual cash flow is $4,576/yr on $56,140 invested. Return on cash invested sits at 28.06% in year one, and rental yield is 9.91% on a $169,350 entry. Equity gained on principal adds $1,093/yr, while 5% annual appreciation builds toward $46,788 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $82,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46805, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,466 (100%) |
| Owner Occupied HU | 5,323 (50.9%) |
| Renter Occupied HU | 4,366 (41.7%) |
| Vacant Housing Units | 777 ( 7.4%) |
| Median Home Value | $167,941 |
| Average Home Value | $208,915 |
Housing Distribution
Address Breakdown
Residential
9,583
Single Family
8,813
Multi-Family
770
Businesses
895
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Listed by: Tyler Cunningham • eXp Realty, LLC
Mls Name: IRMLS
Mls ID: #202600695