








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 1521 Waxwing Ct, Fort Wayne, IN, 46814 at $620,000 posts ROI 23.47% with $580/mo cash flow from $4,331/mo rent. Total monthly income equals $4,331/mo, and annual cash flow records $6,956/yr on $203,980 to close. Return on cash invested measures 23.47% and rental yield reads 8.38% at the current $620,000. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 by year five. Five-year ROI prints 121.73% and total cumulative return in cash totals $248,295.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,331/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
0.35 Acres lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2025-01-31 | Sold | $620,000 |
| 2025-01-30 | Pending sale | $629,900 |
| 2024-10-10 | Listed for sale | $629,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $4944.52 | 14.56% | $639,200 | 3.48% |
| 2023-11-01 | $4316.24 | 3.43% | $617,700 | 10.72% |
| 2022-11-01 | $4173.16 | 3.66% | $557,900 | 7.45% |



What's Special
Pull Down Stairs
Listed by: Mary K Douglass • The Douglass Home Team, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437774
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.