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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 1423 Shingle Oak Pointe, Fort Wayne, IN, 46814 listed at $307,500 pairs $2,473/mo rent with a $1,505/mo payment to leave $382/mo cash flow. Total monthly income runs $2,473/mo, and annual cash flow reaches $4,586/yr on $101,936 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 9.65% at a $307,500 basis. Equity gained on principal adds $1,984/yr, and annual property appreciation at 5% supports $84,957 by year five. Five-year ROI tracks 127.81% and total cumulative return in cash totals $130,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,473/mo property income relative to a $1,505/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
9,583 sqft lot
$N/A/sqft
$513 quarterly 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 |
|---|---|---|
| 2025-09-25 | Sold | $307,500 |
| 2025-09-05 | Pending sale | $312,900 |
| 2025-09-04 | Price change | $312,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $3441.90 | 21.61% | $335,200 | 4.49% |
| 2023-10-13 | $2830.38 | 24.04% | $320,800 | 22.30% |
| 2022-10-13 | $2281.78 | 1.45% | $262,300 | 20.32% |
Listed by: Madeline Shine • Anthony REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526424
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.
