








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 14831 Bitternut Ln, Fort Wayne, IN, 46814 earns $819/mo cash flow from $2,200/mo rent with a $1,126/mo payment. Total monthly income totals $2,200/mo, and annual cash flow totals $9,829/yr on $76,245 capital. ROI tracks 32.8% on current figures, and rental yield reads 11.48% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 171.8% and total cumulative return in cash sums $130,987. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,200/mo property income instead of your personal income.
Single Family
Built in 1996
0.29 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $230,000 |
| 2019-06-24 | Sold | $169,000 |
| 2019-05-22 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $1544.02 | 23.62% | $241,900 | 7.08% |
| 2023-06-26 | $1249.00 | 9.30% | $225,900 | 14.84% |
| 2022-06-26 | $1142.72 | 12.42% | $196,700 | 10.38% |



What's Special
Pull Down Stairs,Storage
Listed by: Lynette Johnson • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524353
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.