








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fort Wayne at 11226 Bay Pines Ct, Fort Wayne, IN, 46814 generates $3,115/mo in rent and, after a $2,203/mo payment, leaves $314/mo in cash flow. Total monthly income is $3,115/mo, and annual cash flow is $3,770/yr on $149,175 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 8.31% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 116.47% and total cumulative return in cash sums $173,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.42 Acres lot
$N/A/sqft
$1,189 annually HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Sold | $450,000 |
| 2025-04-03 | Pending sale | $484,900 |
| 2025-03-27 | Price change | $484,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $2714.84 | 11.44% | $377,700 | 4.68% |
| 2023-11-01 | $2436.16 | 8.23% | $360,800 | 7.22% |
| 2022-11-01 | $2250.92 | 4.45% | $336,500 | 11.09% |



What's Special
Storage
Listed by: Mary B Mauger • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202502118
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.