1930 Lafayette St, Fort Wayne, IN, 46803 | $137/mo Cash Flow

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 1930 Lafayette St, Fort Wayne, IN, 46803 listed at $320,000 pairs $2,058/mo rent with a $1,566/mo payment to leave $137/mo cash flow. Total monthly income runs $2,058/mo, and annual cash flow reaches $1,648/yr on $106,080 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 7.72% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 110.96% and total cumulative return in cash totals $117,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,058/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1900

7,601 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46803, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,555 (100%)
Owner Occupied HU	1,546 (33.9%)
Renter Occupied HU	2,353 (51.7%)
Vacant Housing Units	656 (14.4%)
Median Home Value	$85,510
Average Home Value	$139,154