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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 15007 Knobcone Ct, Fort Wayne, IN, 46814 listed at $265,000 pairs $2,087/mo rent with a $1,297/mo payment to leave $496/mo cash flow. Total monthly income runs $2,087/mo, and annual cash flow reaches $5,955/yr on $87,848 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 9.45% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 138.99% and total cumulative return in cash totals $122,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,087/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
9,147 sqft 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $265,000 |
| 2025-04-15 | Listed for rent | $1,995 |
| 2024-03-22 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1535.36 | 26.36% | $216,000 | -3.96% |
| 2023-04-23 | $1215.04 | 11.71% | $224,900 | 16.71% |
| 2022-04-23 | $1087.64 | 18.12% | $192,700 | 12.03% |
Listed by: Patrick Gillan • Antrim Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513863
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.
