12455 Palmira BlvdFort WayneIN46818
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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 12455 Palmira Blvd, Fort Wayne, IN, 46818 uses $180,835 cash to close to unlock $46/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $3,303/mo, and a $2,690/mo payment keeps the spread at $4/mo. Purchase price stands at $549,650, and rental yield measures 7.21% with $3,303/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $151,858 over five years. Five-year ROI reaches 103.5% and total cumulative return in cash records $187,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,303/mo property income covering a $2,690/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: Richard Watson • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls ID: #202532426