15017 Olympic Way, Fort Wayne, IN, 46814 | $414/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15017 Olympic Way, Fort Wayne, IN, 46814 | $414/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Wayne at 15017 Olympic Way, Fort Wayne, IN, 46814 generates $2,665/mo in rent and, after a $1,835/mo payment, leaves $414/mo in cash flow. Total monthly income is $2,665/mo, and annual cash flow is $4,974/yr on $124,279 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 8.53% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash sums $154,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,665/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to Jonathans Landing, where comfort and style come together beautifully. This inviting 2 story home offers an open and thoughtful floorplan designed for everyday living and effortless entertaining. With 3 bedrooms, a versatile den, and a spacious open concept layout, theres room for everyone to live, work, and unwind. The kitchen serves as the heart of the home, featuring a generous island, abundant counter space, and seamless flow into the bright living and dining areas. The main level master suite feels like a private retreat, complete with a beautifully appointed ensuite bath with walk in shower, dual sinks, and large walk in closet. A convenient drop zone with built-in lockers and main-floor laundry adds ease to your daily routine. Upstairs, youll find two comfortable bedrooms connected by a Jack and Jill bath, along with a cozy loft thats perfect for relaxing, studying, or movie nights. Thoughtful details like attic storage and a 3 car garage make this home as functional as it is inviting. Step outside to enjoy a usable backyard and patio perfect for entertaining, along with a charming front porch that welcomes you home each day. Nestled in the award-winning SWAC school district, this home offers the perfect blend of warmth, elegance, and everyday ease, all in one of the areas most desirable communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

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