13091 Magnolia Creek TrlFort WayneIN46814
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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 13091 Magnolia Creek Trl, Fort Wayne, IN, 46814 earns $160/mo cash flow from $2,560/mo rent with a $1,957/mo payment. Total monthly income totals $2,560/mo, and annual cash flow totals $1,917/yr on $132,567 capital. ROI tracks 21.36% on current figures, and rental yield reads 7.68% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash sums $146,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,560/mo property income instead of your personal income.
Single Family
Built in 2016
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
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Listed by: Ashlyn Cook • North Eastern Group Realty
Mls Name: IRMLS
Mls ID: #202539950