








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 2199 Kroemer Rd, Fort Wayne, IN, 46808 listed at $699,900 pairs $3,449/mo rent with a $3,426/mo payment. Total monthly income runs $3,449/mo. Return on cash invested measures 16.14% in year one, and rental yield registers 5.91% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 82.35% and total cumulative return in cash totals $189,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,449/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46808, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,424 (100%) |
| Owner Occupied HU | 5,045 (53.5%) |
| Renter Occupied HU | 3,606 (38.3%) |
| Vacant Housing Units | 773 ( 8.2%) |
| Median Home Value | $159,552 |
| Average Home Value | $217,483 |
Residential
8,487
Single Family
7,890
Multi-Family
597
Businesses
753
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $699,900 |
| 2025-02-18 | Listing removed | $699,900 |
| 2025-01-27 | Price change | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $202.88 | 15.02% | $328,700 | 2662.18% |
| 2023-04-10 | $176.38 | -6.72% | $11,900 | N/A |
| 2022-04-10 | $189.08 | -51.16% | $11,900 | N/A |



What's Special
Pull Down Stairs
Listed by: Robert Watson • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511859
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.