12527 Wandering WayFort 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 12527 Wandering Way, Fort Wayne, IN, 46818 earns $361/mo cash flow from $1,856/mo rent with a $1,199/mo payment. Total monthly income totals $1,856/mo, and annual cash flow totals $4,335/yr on $81,218 capital. ROI tracks 25.25% on current figures, and rental yield reads 9.09% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 131.4% and total cumulative return in cash sums $106,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,856/mo property income instead of your personal income.
Single Family
Built in 2005
6,969 sqft lot
$N/A/sqft
$290 annually 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: Thomas Cheviron • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525947
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.