2721 Red Butte Cv, Fort Wayne, IN, 46804 | $797/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2721 Red Butte Cv, Fort Wayne, IN, 46804 | $797/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2578 sft

1920 Hunters Ridge Dr, Huntington, IN, 46750

3 Bed
2 Bath
1939 sft

1247 W Division Rd, Huntington, IN, 46750

Motivated Seller+ 1 more

3 Bed
3 Bath
2432 sft

1940 Hunters Ridge Dr, Huntington, IN, 46750

3 Bed
2 Bath
1613 sft

14610 E Walnut Run, Fort Wayne, IN, 46814

Nearby investment properties with comparable prices

3 Bed
2 Bath
1423 sft

11209 Montara Cv, Roanoke, IN, 46783

3 Bed
3 Bath
1642 sft

14932 Knobcone Ct, Fort Wayne, IN, 46814

3 Bed
2 Bath
1501 sft

Freeport Plan, Sierra Ridge, Roanoke, IN, 46783

4 Bed
2 Bath
3168 sft

1160 Poplar St, Huntington, IN, 46750

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Wayne at 2721 Red Butte Cv, Fort Wayne, IN, 46804 offers a 10.71% rental yield on a $272,900 purchase with $2,435/mo rent. Total monthly income registers $2,435/mo, and a $1,336/mo payment leaves $797/mo available for distribution. Annual cash flow reaches $9,558/yr on $90,466 to close, and return on cash invested stands at 30.47% in year one. Equity gained on principal adds $1,761/yr while 5% annual appreciation supports $75,397 over five years. Portfolio math shows five-year ROI at 159.27% and total cumulative return in cash at $144,084. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,435/mo property income against a $1,336/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1986

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Come & see this spacious 4-bedroom ranch perfectly tucked on a quiet cul-de-sac in desirable Copper Hill! Youll love the open flow and generous room sizes throughout. The living room features a beautiful beamed cathedral ceiling, creating an airy, welcoming feel. The kitchen offers a breakfast bar and opens to the dining areaperfect for everyday meals or entertaining guests. The primary suite includes its own private bath, while two of the four bedrooms feature walk-in closets for plenty of storage. The 4th bedroom could easily flex into a second living area, home office, or hobby space if an extra bedroom isnt needed. The family bath includes a full-size shower instead of a tub. Youll appreciate the separate laundry room (washer & dryer stay!) and the clean, epoxy-coated garage floor. Enjoy the screened-in porch overlooking the backyardperfect for relaxing or entertaining. Major updates give peace of mindfurnace, A/C, and water heater all new in 2020; Marvin Infinity windows installed in 2014. This home is being sold as-is, allowing buyers to complete inspections and purchase with confidence. Priced below assessed value, its ready for your cosmetic updates and personal touch. Dont miss the chance to make this wonderful ranch your own and enjoy all that southwest has to offer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,704 (100%)
Owner Occupied HU	8,866 (64.7%)
Renter Occupied HU	4,275 (31.2%)
Vacant Housing Units	563 ( 4.1%)
Median Home Value	$272,764
Average Home Value	$304,067