2801 Old Willow PlFort 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 2801 Old Willow Pl, Fort Wayne, IN, 46815 earns $330/mo cash flow from $1,819/mo rent with a $1,209/mo payment. Total monthly income totals $1,819/mo, and annual cash flow totals $3,960/yr on $81,881 capital. ROI tracks 24.75% on current figures, and rental yield reads 8.84% at a $247,000 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash sums $105,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,819/mo property income instead of your personal income.
Single Family
Built in 1980
0.25 Acres lot
$N/A/sqft
$75 annually 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: Beth Goldsmith • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516032
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.