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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1811 Apopka Way, Fort Wayne, IN, 46814 generates $2,093/mo in rent and, after a $1,419/mo payment, leaves $311/mo in cash flow. Total monthly income is $2,093/mo, and annual cash flow is $3,731/yr on $96,135 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 8.66% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 123.59% and total cumulative return in cash sums $118,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| 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 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $290,000 |
| 2025-06-11 | Listed for sale | $299,900 |
| 2022-05-20 | Sold | $270,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1931.12 | 26.84% | $268,700 | -0.67% |
| 2023-10-23 | $1522.44 | 10.46% | $270,500 | 18.17% |
| 2022-10-23 | $1378.22 | 12.26% | $228,900 | 11.82% |
Listed by: Jason Strole • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522204
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.
