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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 3002 Monroe St, Fort Wayne, IN, 46806 offers $1,588/mo rent that, after a $798/mo payment, leaves $609/mo cash flow. Total monthly income is $1,588/mo, and annual cash flow is $7,312/yr on $54,035 cash. Return on cash invested measures 33.44% in year one, and rental yield stands at 11.69% at a $163,000 entry. Equity gained on principal adds $1,052/yr while 5% annual appreciation compounds into $45,034 by year five. Five-year ROI records 175.24% and total cumulative return in cash reaches $94,687. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,588/mo property income versus a $798/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
4,791 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tawana Isabel • Rockfield Realty Group
Mls Name: IRMLS
Mls ID: #202530639
