2825 Leon CvFort WayneIN46845
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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 2825 Leon Cv, Fort Wayne, IN, 46845 with 5% annual appreciation on a $438,000 basis while $2,684/mo rent supports operations. Total monthly income totals $2,684/mo and a $2,144/mo payment preserves $1/mo for cash returns. Annual cash flow comes to $7/yr on $145,197 deployed, and return on cash invested reaches 19.91% in year one. Equity gained on principal adds $2,826/yr, and five-year appreciation sums $121,011 alongside rental yield of 7.35%. Five-year ROI measures 102.79% and total cumulative return in cash totals $149,250.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,684/mo property income versus a $2,144/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
$648 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
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Listed by: Joseph Hege • Uptown Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513913
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.