12744 Watts DrFort 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 12744 Watts Dr, Fort Wayne, IN, 46818 listed at $312,490 pairs $1,619/mo rent with a $1,529/mo payment. Total monthly income runs $1,619/mo. Return on cash invested measures 16.94% in year one, and rental yield registers 6.22% at a $312,490 basis. Equity gained on principal adds $2,016/yr, and annual property appreciation at 5% supports $86,335 by year five. Five-year ROI tracks 86.68% and total cumulative return in cash totals $89,793. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $1,529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,490 sqft 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: Jihan Rachel E Brooks • DRH Realty of Indiana, LLC
Mls Name: IRMLS
Mls ID: #202547748