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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% |
Rental property for sale in Fort Wayne at 2410 Shore Oaks Pass, Fort Wayne, IN, 46814 priced at $435,000 pairs $2,871/mo rent with $239/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,871/mo, and annual cash flow comes to $2,873/yr on $144,203 invested. Return on cash invested is 21.9% in year one, and rental yield stands at 7.92% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 113.35% and total cumulative return in cash reaches $163,452. For financing, Ziffy Mortgage’s DSCR program evaluates $2,871/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.44 Acres lot
$N/A/sqft
$245 annually HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $2589.84 | 22.00% | $391,900 | 1.01% |
| 2023-04-14 | $2122.82 | 8.19% | $388,000 | 14.79% |
| 2022-04-14 | $1962.10 | -13.76% | $338,000 | 9.46% |
Listed by: Lori Stinson • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512607
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.
