302 Dunbar Ln, Fort Wayne, IN, 46816 | $315/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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302 Dunbar Ln, Fort Wayne, IN, 46816 | $315/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 302 Dunbar Ln, Fort Wayne, IN, 46816 with 5% annual appreciation on a $154,995 basis while $1,246/mo rent supports operations. Total monthly income totals $1,246/mo and a $759/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,783/yr on $51,381 deployed, and return on cash invested reaches 27.27% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,822 alongside rental yield of 9.65%. Five-year ROI measures 142.17% and total cumulative return in cash totals $73,046.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,246/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

This three-bedroom, one-bathroom house is ready for your personal touch. With 1,015 square feet of living space, this home offers plenty of room to grow and make memories. The current owners have left you with a blank canvas - a little paint and some new flooring will transform this diamond in the rough into something truly special. The layout provides comfortable living with three well-sized bedrooms, including a primary bedroom that offers peaceful retreat space. The single bathroom serves the home efficiently. What makes this property exciting is the potential it holds. The bones are solid, and with some creative vision and elbow grease, you'll have a beautiful home that reflects your style and personality.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,306 (100%)
Owner Occupied HU	3,989 (48.0%)
Renter Occupied HU	3,575 (43.0%)
Vacant Housing Units	742 ( 8.9%)
Median Home Value	$165,445
Average Home Value	$214,685