2011 Graham DrFort WayneIN46818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Fort Wayne at 2011 Graham Dr, Fort Wayne, IN, 46818 generates $1,619/mo in rent and, after a $932/mo payment, leaves $476/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $5,710/yr on $63,151 invested. Return on cash invested sits at 28.95% in year one, and rental yield is 10.2% on a $190,500 entry. Equity gained on principal adds $1,229/yr, while 5% annual appreciation builds toward $52,632 over five years. Five-year ROI reaches 151.09% and total cumulative return in cash sums $95,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianna Hans • Freedom First Real Estate, LLC
Mls Name: IRMLS
Mls ID: #202538244