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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% |
Investment property for sale in Fort Wayne at 1901 Eileen St, Fort Wayne, IN, 46819 earns $106/mo cash flow from $1,400/mo rent with a $1,055/mo payment. Total monthly income totals $1,400/mo, and annual cash flow totals $1,274/yr on $71,438 capital. ROI tracks 21.69% on current figures, and rental yield reads 7.8% at a $215,500 purchase. Equity gained on principal adds $1,391/yr, and 5% annual appreciation supports $59,539 over five years. Five-year ROI reaches 112.23% and total cumulative return in cash sums $80,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,400/mo property income instead of your personal income.
Single Family
Built in 1940
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 2,812 (64.4%) |
| Renter Occupied HU | 1,305 (29.9%) |
| Vacant Housing Units | 251 ( 5.7%) |
| Median Home Value | $196,728 |
| Average Home Value | $253,935 |
Residential
3,916
Single Family
3,520
Multi-Family
396
Businesses
58
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Sold | $215,500 |
| 2025-07-25 | Pending sale | $215,000 |
| 2025-07-21 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1086.96 | -0.48% | $144,300 | 19.35% |
| 2023-10-19 | $1092.16 | 6.71% | $120,900 | 6.05% |
| 2022-10-19 | $1023.52 | 23.46% | $114,000 | 7.34% |
Listed by: David Meza • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527790
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.
