2425 Ojibway Trl, Fort Wayne, IN, 46809 | $503/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2425 Ojibway Trl, Fort Wayne, IN, 46809 | $503/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 2425 Ojibway Trl, Fort Wayne, IN, 46809 uses $76,212 cash to close to unlock $6,038/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $1,125/mo payment keeps the spread at $503/mo. Purchase price stands at $229,900, and rental yield measures 9.83% with $1,883/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 145.14% and total cumulative return in cash records $110,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,125/mo payment rather than investor’s personal income.

Single Family

Built in 1939

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-bedroom, 2-bath cottage-style ranch in the heart of desirable Indian Village! This cozy home is full of modern updates, including all-new flooring- carpet in the bedrooms and LVP throughout the main level and basement. Fresh paint inside and out, new light fixtures, and all-new windows add a bright, inviting feel. The kitchen has been fully remodeled with new cabinets, butcher block countertops, a gas range, new sink, and all appliances included. Both bathrooms are updated with new vanities, fixtures, and toilets. The spacious basement features a large rec room with exposed rafters, new LED canned lighting, and a brand-new furnace, A/C, and electric panel. The main-level living room has beautiful picture windows that fill the space with natural light. Each bedroom is generously sized, and the primary bedroom includes two closets. Youll also love the old-fashioned laundry chute! Outside, youll find a large corner lot with mature trees, a fully fenced section of the backyard for pets, an oversized single-car garage with a breezeway, and a big green common area across the street.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,247 (100%)
Owner Occupied HU	2,422 (57.0%)
Renter Occupied HU	1,602 (37.7%)
Vacant Housing Units	223 ( 5.3%)
Median Home Value	$156,005
Average Home Value	$213,601