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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 15219 Firethorne Path, Fort Wayne, IN, 46814 listed at $365,000 pairs $2,581/mo rent with a $1,786/mo payment to leave $360/mo cash flow. Total monthly income runs $2,581/mo, and annual cash flow reaches $4,320/yr on $120,998 cash to close. Return on cash invested measures 23.48% in year one, and rental yield registers 8.49% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 121.89% and total cumulative return in cash totals $147,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,581/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
$365 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $365,000 |
| 2020-09-10 | Sold | $263,000 |
| 2020-08-07 | Listed for sale | $244,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2526.50 | 26.45% | $331,100 | -2.36% |
| 2023-04-23 | $1998.00 | 7.53% | $339,100 | 19.02% |
| 2022-04-23 | $1858.12 | 14.73% | $284,900 | 10.13% |
Listed by: Marti McFarren • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513756
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.
