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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 12609 Slash Pass, Fort Wayne, IN, 46818 earns $320/mo cash flow from $2,444/mo rent with a $1,708/mo payment. Total monthly income totals $2,444/mo, and annual cash flow totals $3,840/yr on $115,694 capital. ROI tracks 23.23% on current figures, and rental yield reads 8.4% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 120.56% and total cumulative return in cash sums $139,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,444/mo property income instead of your personal income.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
| 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 |
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $349,000 |
| 2021-09-23 | Sold | $289,900 |
| 2021-07-23 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2385.90 | 20.23% | $338,600 | 4.86% |
| 2023-04-24 | $1984.40 | N/A | $322,900 | 13.98% |
| 2022-04-24 | N/A | N/A | $283,300 | 31377.78% |
What's Special
Pull Down Stairs,Storage
Listed by: Jodi L Holloway • Coldwell Banker Holloway
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514118
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.
