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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 12921 Slash Pass, Fort Wayne, IN, 46818 offers a 9.94% rental yield on a $295,000 purchase with $2,444/mo rent. Total monthly income registers $2,444/mo, and a $1,444/mo payment leaves $673/mo available for distribution. Annual cash flow reaches $8,076/yr on $97,793 to close, and return on cash invested stands at 28.17% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 146.95% and total cumulative return in cash at $143,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,444/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.27 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bre Alexander • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202537601
