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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% |
Investment property for sale in Fort Wayne at 2723 Oak Borough Run, Fort Wayne, IN, 46804 with 5% annual appreciation on a $479,000 basis while $4,254/mo rent supports operations. Total monthly income totals $4,254/mo and a $2,344/mo payment preserves $1,226/mo for cash returns. Annual cash flow comes to $14,713/yr on $158,789 deployed, and return on cash invested reaches 29.17% in year one. Equity gained on principal adds $3,091/yr, and five-year appreciation sums $132,339 alongside rental yield of 10.66%. Five-year ROI measures 152.73% and total cumulative return in cash totals $242,511.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,254/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.66 Acres lot
$N/A/sqft
$653 annually HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| 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 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| 2025-01-13 | Sold | $479,000 |
| 2024-12-23 | Pending sale | $479,900 |
| 2024-12-12 | Listed for sale | $479,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $5157.38 | 11.15% | $464,300 | -3.03% |
| 2023-11-01 | $4640.14 | 10.22% | $478,800 | 12.08% |
| 2022-11-01 | $4209.70 | 24.95% | $427,200 | 6.85% |
Listed by: Angela Pachuta • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438742
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.
