1726 Cypress Spring DrFort WayneIN46814
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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 1726 Cypress Spring Dr, Fort Wayne, IN, 46814 listed at $354,900 pairs $2,536/mo rent with a $1,737/mo payment to leave $372/mo cash flow. Total monthly income runs $2,536/mo, and annual cash flow reaches $4,468/yr on $117,649 cash to close. Return on cash invested measures 23.71% in year one, and rental yield registers 8.57% at a $354,900 basis. Equity gained on principal adds $2,290/yr, and annual property appreciation at 5% supports $98,052 by year five. Five-year ROI tracks 123.12% and total cumulative return in cash totals $144,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,536/mo property income relative to a $1,737/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
10,018 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
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Listed by: Lorri Haber • Mike Thomas Associates, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517091
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.