13543 Copper Strike PassFort WayneIN46845
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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 13543 Copper Strike Pass, Fort Wayne, IN, 46845 uses $102,301 cash to close to unlock $4,508/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,510/mo payment keeps the spread at $376/mo. Purchase price stands at $308,600, and rental yield measures 8.84% with $2,274/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $85,260 over five years. Five-year ROI reaches 126.43% and total cumulative return in cash records $129,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,510/mo payment rather than investor’s personal income.
Single Family
Built in 2022
10,454 sqft lot
$N/A/sqft
$556 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Courtney Ousley • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202239279
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.