Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 15807 Winchester Rd, Fort Wayne, IN, 46819 offers a 11.27% rental yield on a $215,000 purchase with $2,020/mo rent. Total monthly income registers $2,020/mo, and a $1,052/mo payment leaves $730/mo available for distribution. Annual cash flow reaches $8,757/yr on $71,273 to close, and return on cash invested stands at 32.19% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 168.5% and total cumulative return in cash at $120,097. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,020/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 2,812 (64.4%) |
| Renter Occupied HU | 1,305 (29.9%) |
| Vacant Housing Units | 251 ( 5.7%) |
| Median Home Value | $196,728 |
| Average Home Value | $253,935 |
Residential
3,916
Single Family
3,520
Multi-Family
396
Businesses
58
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Sold | $215,000 |
| 2025-07-23 | Listed for sale | $233,000 |
| 2025-04-28 | Sold | $233,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1078.00 | 39.98% | $182,000 | 18.64% |
| 2023-10-25 | $770.12 | 42.66% | $153,400 | 9.89% |
| 2022-10-25 | $539.84 | -66.21% | $139,600 | 27.49% |
What's Special
Storage
Listed by: David Barlag • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528876
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.
