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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 13207 Holmes St, Fort Wayne, IN, 46816 offers a 7.53% rental yield on a $159,900 purchase with $1,004/mo rent. Total monthly income registers $1,004/mo, and a $783/mo payment leaves $44/mo available for distribution. Annual cash flow reaches $525/yr on $53,007 to close, and return on cash invested stands at 20.9% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 107.93% and total cumulative return in cash at $57,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,004/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,306 (100%) |
| Owner Occupied HU | 3,989 (48.0%) |
| Renter Occupied HU | 3,575 (43.0%) |
| Vacant Housing Units | 742 ( 8.9%) |
| Median Home Value | $165,445 |
| Average Home Value | $214,685 |
Residential
7,825
Single Family
6,037
Multi-Family
1,788
Businesses
192
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listed for sale | $159,900 |
| 2024-04-03 | Sold | $149,900 |
| 2024-03-01 | Pending sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $350.36 | -4.46% | $81,700 | 2.38% |
| 2023-09-03 | $366.70 | -0.89% | $79,800 | 2.70% |
| 2022-09-03 | $370.00 | 24.26% | $77,700 | 10.37% |
What's Special
Pull Down Stairs,Walk-up
Listed by: Randy Harvey • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535212
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
