2620 Knightsbridge DrFort WayneIN46815
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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
Investment property for sale in Fort Wayne at 2620 Knightsbridge Dr, Fort Wayne, IN, 46815 listed at $494,900 pairs $3,277/mo rent with a $2,422/mo payment to leave $78/mo cash flow. Total monthly income runs $3,277/mo, and annual cash flow reaches $941/yr on $164,059 cash to close. Return on cash invested measures 20.48% in year one, and rental yield registers 7.95% at a $494,900 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,732 by year five. Five-year ROI tracks 106.28% and total cumulative return in cash totals $174,363. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,277/mo property income relative to a $2,422/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
$600 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Listed by: Ryan Curtis • Trueblood Real Estate, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513877
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.