2109 Cimarron Pass, Fort Wayne, IN, 46815 | $1,190/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2109 Cimarron Pass, Fort Wayne, IN, 46815 | $1,190/mo Cash Flow | Ziffy

For Sale

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 2109 Cimarron Pass, Fort Wayne, IN, 46815 uses $99,417 cash to close to unlock $14,275/yr annual cash flow and $1,190/mo monthly cash flow. Total monthly income runs $2,990/mo, and a $1,468/mo payment keeps the spread at $1,190/mo. Purchase price stands at $299,900, and rental yield measures 11.96% with $2,990/mo rent. Return on cash invested shows 34.27% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 179.61% and total cumulative return in cash records $178,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,990/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 1975

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Open House Friday from 5-7 PM! Step into this spacious and beautifully updated 4-bedroom, 2.5-bath home with a finished basement, nestled in the desirable Lake Forest neighborhood. With over 2,600 square feet above grade and an additional finished lower level, theres plenty of room to live, relax, and entertain. The heart of the home features an inviting eat-in kitchen that opens to the family roomideal for everyday living and casual gatherings. The kitchen includes stainless steel appliances and overlooks the spacious backyard with mature trees, a patio, and a storage shed, perfect for outdoor entertaining. Recent mechanical updates include HVAC system in 2021 and a new roof in 2018. The finished basement adds even more versatile living space, great for a media room, home gym, or play area. Situated on a generous lot in a friendly community close to schools, shopping, and recreation, this home is move-in ready and waiting for you!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,645 (100%)
Owner Occupied HU	8,234 (70.7%)
Renter Occupied HU	2,962 (25.4%)
Vacant Housing Units	449 ( 3.9%)
Median Home Value	$218,361
Average Home Value	$241,192