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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% |
Rental property for sale in Fort Wayne at 2826 Arden Cv, Fort Wayne, IN, 46814 offers $2,569/mo rent that, after a $1,835/mo payment, leaves $66/mo cash flow. Total monthly income is $2,569/mo, and annual cash flow is $793/yr on $124,313 cash. Return on cash invested measures 20.55% in year one, and rental yield stands at 8.22% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 106.93% and total cumulative return in cash reaches $132,927. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,569/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2013
9,583 sqft lot
$N/A/sqft
$3,027 annually HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Sold | $375,000 |
| 2025-05-05 | Pending sale | $375,000 |
| 2025-05-01 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $2792.08 | 11.61% | $383,200 | 3.65% |
| 2023-11-01 | $2501.68 | 3.00% | $369,700 | 8.86% |
| 2022-11-01 | $2428.80 | 1.67% | $339,600 | 6.69% |
What's Special
Pull Down Stairs,Storage
Listed by: Erin Poiry • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202501008
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.
