1606 Capitol Ave, Fort Wayne, IN, 46806 | $541/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1624 sft

212 West St, New Haven, IN, 46774

3 Bed
1 Bath
1440 sft

3222 Dinnen Ave, Fort Wayne, IN, 46807

2 Bed
2 Bath
1298 sft

6403 Langwood Blvd, Fort Wayne, IN, 46835

2 Bed
1 Bath
1302 sft

909 Line St, Decatur, IN, 46733

Nearby investment properties with comparable prices

2 Bed
1 Bath
824 sft

3708 Foresthill Ave, Fort Wayne, IN, 46805

3 Bed
2 Bath
1050 sft

1010 Courtney Dr, New Haven, IN, 46774

2 Bed
1 Bath
632 sft

2116 Olladale Dr, Fort Wayne, IN, 46808

3 Bed
3 Bath
1864 sft

2904 Shawnee Dr, Fort Wayne, IN, 46807

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Wayne at 1606 Capitol Ave, Fort Wayne, IN, 46806 offers a 11.12% rental yield on a $165,900 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $812/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,493/yr on $54,996 to close, and return on cash invested stands at 31.72% in year one. Equity gained on principal adds $1,071/yr while 5% annual appreciation supports $45,835 over five years. Portfolio math shows five-year ROI at 165.99% and total cumulative return in cash at $91,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $812/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

8,712 sqft lot

$N/A/sqft

No HOA