1326 W Main St, Fort Wayne, IN, 46808 | $418/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1326 W Main St, Fort Wayne, IN, 46808 | $418/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 1326 W Main St, Fort Wayne, IN, 46808 earns $418/mo cash flow from $1,409/mo rent with a $808/mo payment. Total monthly income totals $1,409/mo, and annual cash flow totals $5,017/yr on $54,698 capital. ROI tracks 29.08% on current figures, and rental yield reads 10.25% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 151.86% and total cumulative return in cash sums $83,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,409/mo property income instead of your personal income.

Single Family

Built in 1900

0.86 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss out on your opportunity to be involved in the exciting development of Downtown Fort Wayne! This remodeled three bed, two bath, two story home is ideal for those looking for the hustle and bustle of the city with quick access to the suburbs. The open concept floor plan features LVP throughout! Check out the kitchen island and stainless appliances, including a convection oven. The living room boasts 10-foot ceilings with a beautiful view of the original staircase. The first floor includes a full bath with a pedestal sink and washer /dryer, complete with cabinetry, making laundry a breeze. Don't forget the covered front porch and back deck featuring a two-person hot tub! Find the three bedrooms and second full bath upstairs. The front bedroom includes a deceivingly large closet. The middle bedroom is made to feel spacious with sliding doors, allowing for plenty of room. Lastly, the back bedroom currently functions as an in-home art studio and can easily be turned into the largest bedroom in the house! If you missed your chance on this year's garden, don't fret! This home comes with 9 raised garden beds full of lush vegetables. Home includes a detached 1 car garage and parking pad.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46808, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,424 (100%)
Owner Occupied HU	5,045 (53.5%)
Renter Occupied HU	3,606 (38.3%)
Vacant Housing Units	773 ( 8.2%)
Median Home Value	$159,552
Average Home Value	$217,483