12717 S Us Highway 27, Fort Wayne, IN, 46816 | $861/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12717 S Us Highway 27, Fort Wayne, IN, 46816 | $861/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 12717 S Us Highway 27, Fort Wayne, IN, 46816 uses $82,842 cash to close to unlock $10,332/yr annual cash flow and $861/mo monthly cash flow. Total monthly income runs $2,361/mo, and a $1,223/mo payment keeps the spread at $861/mo. Purchase price stands at $249,900, and rental yield measures 11.34% with $2,361/mo rent. Return on cash invested shows 32.38% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 169.54% and total cumulative return in cash records $140,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,361/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Multi Family

Built in 1880

0.86 Acres lot

$N/A/sqft

No HOA

More details about the property

Fantastic turnkey investment opportunity! This fully leased 3-unit triplex offers over 3,100 sq ft of living. Property includes one 3BR/1BA unit and two 1BR/1BA units, all with separate outside entrances. Excellent location just 1 mile from I-469 and close to shopping, dining, and amenities. Plenty of parking available. Shared laundry with exterior basement access. Each unit has its own electric meter (tenant-paid). Boiler heat services all units. Property features well water, city sewer, natural gas, & low-maintenance siding. Owner currently pays water/sewer, gas, and trash. Situated on just under 1 acre with privacy and woods at the rear, plus a shared storage shed. Unit #3 includes owner-provided furnishings. New asphalt and gravel drive in 2024. Strong rental history with property management already in placeexcellent ROI and a true hands-off investment!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

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