3014 Sugarmans Trl, Fort Wayne, IN, 46804 | $333/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3014 Sugarmans Trl, Fort Wayne, IN, 46804 | $333/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 3014 Sugarmans Trl, Fort Wayne, IN, 46804 earns $333/mo cash flow from $2,836/mo rent with a $2,041/mo payment. Total monthly income totals $2,836/mo, and annual cash flow totals $3,994/yr on $138,236 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.16% at a $417,000 purchase. Equity gained on principal adds $2,691/yr, and 5% annual appreciation supports $115,209 over five years. Five-year ROI reaches 118.08% and total cumulative return in cash sums $163,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.

Condo

Built in 2006

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

*OPEN HOUSE- SUNDAY 9/28, 2-4pm* Looking for space, style, and convenience? This Covington Reserve villa has it all! Exceptionally maintained, offers many upgrades throughout and Move-in ready! Nearly 2,400 sq. ft. with 2 bedrooms, a den, and 2.5 bathsall designed with comfort and convenience in mind. Bright, open floor plan features newer Luxury Vinyl Plank flooring, a spacious great room with fireplace and built-ins, and a kitchen with abundant storage, walk-in pantry, and adjoining family room full of natural light. Retreat to the private owners suite with trey ceiling, LARGE walk-in closet, and double vanity, while guests enjoy their own suite on the opposite side of the home. French doors open to a denperfect for an office or flex space. Outside, a tree-lined yard and patio create a peaceful backdrop. HOA dues covering lawn care, snow removal, bed maintenance, and even window washing, this home offers true low-maintenance living in one of the areas most desirable communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,704 (100%)
Owner Occupied HU	8,866 (64.7%)
Renter Occupied HU	4,275 (31.2%)
Vacant Housing Units	563 ( 4.1%)
Median Home Value	$272,764
Average Home Value	$304,067