201 Congress Ave,Fort Wayne,IN,46806

Investment Highlights

Rental property for sale in Fort Wayne at 201 Congress Ave, Fort Wayne, IN, 46806 offers $1,253/mo rent that, after a $1,003/mo payment, leaves $23/mo cash flow. Total monthly income is $1,253/mo, and annual cash flow is $275/yr on $67,924 cash. Return on cash invested measures 20.31% in year one, and rental yield stands at 7.34% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 104.76% and total cumulative return in cash reaches $71,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,253/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.