11620 Tillbury 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
Rental property for sale in Fort Wayne at 11620 Tillbury Cv, Fort Wayne, IN, 46845 generates $3,500/mo in rent, after a $3,034/mo payment. Total monthly income is $3,500/mo. Return on cash invested sits at 18.76% in year one, and rental yield is 6.78% on a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 96.39% and total cumulative return in cash sums $196,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.36 Acres 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: Keri Garcia • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls ID: #202542920