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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 2016 Azurite Pl, Fort Wayne, IN, 46804 listed at $440,000 pairs $2,906/mo rent with a $2,154/mo payment to leave $178/mo cash flow. Total monthly income runs $2,906/mo, and annual cash flow reaches $2,138/yr on $145,860 cash to close. Return on cash invested measures 21.37% in year one, and rental yield registers 7.93% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 110.74% and total cumulative return in cash totals $161,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,906/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
10,454 sqft lot
$N/A/sqft
$405 annually HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| 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 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Sold | $440,000 |
| 2025-09-11 | Pending sale | $440,000 |
| 2025-08-08 | Listed for sale | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $4282.26 | 8.18% | $436,100 | 9.52% |
| 2023-10-13 | $3958.60 | 16.81% | $398,200 | 9.07% |
| 2022-10-13 | $3388.90 | 6.23% | $365,100 | 13.24% |
What's Special
Storage
Listed by: Kyrsten Eakright • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531379
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.
