2735 Evans StFort WayneIN46806
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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 2735 Evans St, Fort Wayne, IN, 46806 listed at $102,000 pairs $1,034/mo rent with a $499/mo payment to leave $422/mo cash flow. Total monthly income runs $1,034/mo, and annual cash flow reaches $5,063/yr on $33,813 cash to close. Return on cash invested measures 34.88% in year one, and rental yield registers 12.16% at a $102,000 basis. Equity gained on principal adds $658/yr, and annual property appreciation at 5% supports $28,181 by year five. Five-year ROI tracks 182.9% and total cumulative return in cash totals $61,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,034/mo property income relative to a $499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Jerry Starks • JM Realty Associates, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433970
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