2850 Farrah XingFort WayneIN46818
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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 2850 Farrah Xing, Fort Wayne, IN, 46818 with 5% annual appreciation on a $657,777 basis while $3,458/mo rent supports operations. 34% in year one. Equity gained on principal adds $4,245/yr, and five-year appreciation sums $181,732 alongside rental yield of 6.31%. Five-year ROI measures 88.79% and total cumulative return in cash totals $192,151. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,458/mo property income versus a $3,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: Barketa Kerns • Century 21 Circle
Mls Name: IRMLS
Mls ID: #202515867