








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,287/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 8.07% with $2,287/mo rent. Return on cash invested shows 18.91% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 98.58% and total cumulative return in cash records $111,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,287/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| 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 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2025-04-27 | Listed for sale | $340,000 |
| 2015-07-06 | Sold | $210,000 |
| 2012-08-29 | Sold | $175,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $1784.44 | 3.21% | $254,900 | 0.51% |
| 2023-04-29 | $1728.92 | 18.12% | $253,600 | 2.01% |
| 2022-04-29 | $1463.68 | 2.15% | $248,600 | 18.55% |



What's Special
Pull Down Stairs
Listed by: David L McDaniel • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514802
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.