








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


Investment property for sale in Fort Wayne at 1214 Timberlake Trl, Fort Wayne, IN, 46804 at $325,000 posts ROI 23.65% with $336/mo cash flow from $2,330/mo rent. Total monthly income equals $2,330/mo, and annual cash flow records $4,032/yr on $107,738 to close. Return on cash invested measures 23.65% and rental yield reads 8.6% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 122.83% and total cumulative return in cash totals $132,337.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,330/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,704 (100%) |
| Owner Occupied HU | 8,866 (64.7%) |
| Renter Occupied HU | 4,275 (31.2%) |
| Vacant Housing Units | 563 ( 4.1%) |
| Median Home Value | $272,764 |
| Average Home Value | $304,067 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $325,000 |
| 2025-05-27 | Price change | $320,000 |
| 2025-05-20 | Price change | $327,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $3209.56 | 13.27% | $329,900 | 10.19% |
| 2023-11-01 | $2833.66 | 19.52% | $299,400 | 14.01% |
| 2022-11-01 | $2370.86 | 2.22% | $262,600 | 15.99% |



What's Special
Pull Down Stairs
Listed by: Shelbi Brown • Sterling Realty Advisors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533951
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.