1317 W Jefferson Blvd, Fort Wayne, IN, 46802 | $156/mo Cash Flow

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1317 W Jefferson Blvd, Fort Wayne, IN, 46802 | $156/mo Cash Flow | Ziffy

For Sale

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 1317 W Jefferson Blvd, Fort Wayne, IN, 46802 listed at $370,000 pairs $2,377/mo rent with a $1,811/mo payment to leave $156/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $1,871/yr on $122,655 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 7.71% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 110.76% and total cumulative return in cash totals $135,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated, open concept home in highly sought after Historic West Central neighborhood. The Great room opens to the gorgeous chef's kitchen with granite countertops and a center island with breakfast bar, professional appliances and white cabinetry. A charming half bath for convenience on the main level. The Dining room window overlooks the private patio and fenced backyard! Upstairs, you'll find 3 very spacious bedrooms, laundry for convenience and 2 tiled full baths. Because this home is in a Historic District, you can access all the information and guidelines at this link. https://www.fwcommunitydevelopment.org/historic-preservation/historic-preservation-commission-staff-services

Neighborhood Data

Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,718 (100%)
Owner Occupied HU	1,514 (26.5%)
Renter Occupied HU	3,373 (59.0%)
Vacant Housing Units	831 (14.5%)
Median Home Value	$178,409
Average Home Value	$232,751