1814 Millennium XingFort 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 1814 Millennium Xing, Fort Wayne, IN, 46845 earns $831/mo cash flow from $3,011/mo rent with a $1,757/mo payment. Total monthly income totals $3,011/mo, and annual cash flow totals $9,975/yr on $118,975 capital. ROI tracks 28.29% on current figures, and rental yield reads 10.07% at a $358,900 purchase. Equity gained on principal adds $2,316/yr, and 5% annual appreciation supports $99,157 over five years. Five-year ROI reaches 147.66% and total cumulative return in cash sums $175,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,011/mo property income instead of your personal income.
Single Family
Built in 2024
9,801 sqft lot
$N/A/sqft
$300 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: Sherri Recht • Century 21 Bradley-Lake Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434877
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.