








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fort Wayne at 1618 Forest Park Blvd, Fort Wayne, IN, 46805 priced at $649,900 converts $2,658/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,658/mo. Return on cash invested prints 13.08% in year one, and rental yield reads 4.91% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 65.95% and total cumulative return in cash sums $141,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,658/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46805, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,466 (100%) |
| Owner Occupied HU | 5,323 (50.9%) |
| Renter Occupied HU | 4,366 (41.7%) |
| Vacant Housing Units | 777 ( 7.4%) |
| Median Home Value | $167,941 |
| Average Home Value | $208,915 |
Residential
9,583
Single Family
8,813
Multi-Family
770
Businesses
895
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joelle Ruefer • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls ID: #202547499