1627 Willistead PlFort WayneIN46845
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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
Investment Highlights
Investment property for sale in Fort Wayne at 1627 Willistead Pl, Fort Wayne, IN, 46845 at $285,000 posts ROI 21.06% with $90/mo cash flow from $1,822/mo rent. Total monthly income equals $1,822/mo, and annual cash flow records $1,083/yr on $94,478 to close. Return on cash invested measures 21.06% and rental yield reads 7.67% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 108.88% and total cumulative return in cash totals $102,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
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Listed by: Jennifer R Bradford • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511530
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.