1767 Hale Ave, Fort Wayne, IN, 46802 | $285/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1767 Hale Ave, Fort Wayne, IN, 46802 | $285/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 1767 Hale Ave, Fort Wayne, IN, 46802 offers a 9.59% rental yield on a $143,400 purchase with $1,146/mo rent. Total monthly income registers $1,146/mo, and a $702/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,421/yr on $47,537 to close, and return on cash invested stands at 27.1% in year one. Equity gained on principal adds $925/yr while 5% annual appreciation supports $39,619 over five years. Portfolio math shows five-year ROI at 141.31% and total cumulative return in cash at $67,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,146/mo property income against a $702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1767 Hale Ave, a beautifully updated home thats ready for its next owner! Step inside to discover a fresh interior with new flooring, fresh paint, and modern light fixtures that create a bright and welcoming atmosphere throughout. The kitchen has been completely refreshed with brand-new cabinets and appliances, offering both style and functionality for everyday living and entertaining. This home sits on a large yard, giving you plenty of outdoor space to enjoywhether its hosting gatherings, gardening, or simply relaxing in your own private setting. With thoughtful updates throughout, this home combines modern comfort with great value, making it a perfect choice for a homeowner or investor alike. Conveniently located near downtown Fort Wayne, shopping, and local amenities, youll enjoy easy access to everything the city has to offer while still having the comfort of a spacious yard and updated home. Dont miss the opportunity to make this move-in ready property yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,718 (100%)
Owner Occupied HU	1,514 (26.5%)
Renter Occupied HU	3,373 (59.0%)
Vacant Housing Units	831 (14.5%)
Median Home Value	$178,409
Average Home Value	$232,751