3002 Abbott St,Fort Wayne,IN,46806

Investment Highlights

Investment property for sale in Fort Wayne at 3002 Abbott St, Fort Wayne, IN, 46806 listed at $174,900 pairs $1,188/mo rent with a $856/mo payment to leave $138/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $1,658/yr on $57,979 cash to close. Return on cash invested measures 22.77% in year one, and rental yield registers 8.15% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 118.01% and total cumulative return in cash totals $68,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).