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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 1823 Apopka Way, Fort Wayne, IN, 46814 generates $2,578/mo in rent and, after a $1,713/mo payment, leaves $436/mo in cash flow. Total monthly income is $2,578/mo, and annual cash flow is $5,232/yr on $116,025 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 8.84% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 126.97% and total cumulative return in cash sums $147,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,578/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
$493 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $350,000 |
| 2021-06-14 | Sold | $295,000 |
| 2021-05-06 | Pending sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $2522.16 | 26.13% | $327,700 | -3.22% |
| 2023-06-25 | $1999.68 | 26.78% | $338,600 | 18.77% |
| 2022-06-25 | $1577.28 | 9.40% | $285,100 | 25.54% |
Listed by: Ben Craver • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524156
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.
