11416 Bromley CvFort WayneIN46845
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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 11416 Bromley Cv, Fort Wayne, IN, 46845 earns $1,070/mo cash flow from $3,282/mo rent with a $1,804/mo payment. Total monthly income totals $3,282/mo, and annual cash flow totals $12,835/yr on $122,158 capital. ROI tracks 30.42% on current figures, and rental yield reads 10.69% at a $368,500 purchase. Equity gained on principal adds $2,378/yr, and 5% annual appreciation supports $101,810 over five years. Five-year ROI reaches 158.95% and total cumulative return in cash sums $194,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,282/mo property income instead of your personal income.
Single Family
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
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Listed by: Jerry Jenkins • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439082
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.