2208 Maplewood RdFort WayneIN46819
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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
Investment Highlights
Rental property for sale in Fort Wayne at 2208 Maplewood Rd, Fort Wayne, IN, 46819 generates $1,288/mo in rent and, after a $783/mo payment, leaves $328/mo in cash flow. Total monthly income is $1,288/mo, and annual cash flow is $3,933/yr on $53,007 invested. Return on cash invested sits at 27.33% in year one, and rental yield is 9.67% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 142.41% and total cumulative return in cash sums $75,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,288/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 2,812 (64.4%) |
| Renter Occupied HU | 1,305 (29.9%) |
| Vacant Housing Units | 251 ( 5.7%) |
| Median Home Value | $196,728 |
| Average Home Value | $253,935 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,520
Multi-Family
396
Businesses
58
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Listed by: Zac Compton • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls ID: #202601754