








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 127 Edgeknoll Ln, Fort Wayne, IN, 46816 listed at $139,900 pairs $1,012/mo rent with a $685/mo payment to leave $172/mo cash flow. Total monthly income runs $1,012/mo, and annual cash flow reaches $2,063/yr on $46,377 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 8.68% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 126.43% and total cumulative return in cash totals $58,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,012/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,306 (100%) |
| Owner Occupied HU | 3,989 (48.0%) |
| Renter Occupied HU | 3,575 (43.0%) |
| Vacant Housing Units | 742 ( 8.9%) |
| Median Home Value | $165,445 |
| Average Home Value | $214,685 |
Residential
7,825
Single Family
6,037
Multi-Family
1,788
Businesses
192
Date | Event | Price |
|---|---|---|
| 2025-04-13 | Pending sale | $139,900 |
| 2025-04-11 | Listed for sale | $139,900 |
| 2024-06-20 | Sold | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $553.16 | 17.30% | $96,400 | 13.28% |
| 2023-04-14 | $471.56 | 2.96% | $85,100 | 22.45% |
| 2022-04-14 | $458.00 | 18.71% | $69,500 | 9.79% |



Listed by: Armando Rangel • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512427
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.