12835 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 12835 Watts Dr, Fort Wayne, IN, 46818 uses $105,185 cash to close to unlock $4,492/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,553/mo payment keeps the spread at $374/mo. Purchase price stands at $317,300, and rental yield measures 8.62% with $2,279/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $87,664 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash records $132,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,553/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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: N/A • N/A
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A