1827 Marietta DrFort WayneIN46804
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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 1827 Marietta Dr, Fort Wayne, IN, 46804 offers a 11.67% rental yield on a $264,900 purchase with $2,576/mo rent. Total monthly income registers $2,576/mo, and a $1,297/mo payment leaves $985/mo available for distribution. Annual cash flow reaches $11,825/yr on $87,814 to close, and return on cash invested stands at 33.37% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 174.83% and total cumulative return in cash at $153,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,576/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,704 (100%) |
| Owner Occupied HU | 8,866 (64.7%) |
| Renter Occupied HU | 4,275 (31.2%) |
| Vacant Housing Units | 563 ( 4.1%) |
| Median Home Value | $272,764 |
| Average Home Value | $304,067 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
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Listed by: Nathan M Smith • Uptown Realty Group
Mls Name: IRMLS
Mls ID: #202548252