1817 Twelfth Night CvFort WayneIN46818
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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 1817 Twelfth Night Cv, Fort Wayne, IN, 46818 uses $117,649 cash to close to unlock $3,204/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $2,414/mo, and a $1,737/mo payment keeps the spread at $267/mo. Purchase price stands at $354,900, and rental yield measures 8.16% with $2,414/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 117.24% and total cumulative return in cash records $137,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.29 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: Michael J Archbold • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511542
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.