3028 Bowser Ave, Fort Wayne, IN, 46806 | $585/mo Cash Flow

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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 3028 Bowser Ave, Fort Wayne, IN, 46806 uses $42,333 cash to close to unlock $7,017/yr annual cash flow and $585/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $625/mo payment keeps the spread at $585/mo. Purchase price stands at $127,700, and rental yield measures 13.06% with $1,390/mo rent. Return on cash invested shows 36.48% in year one, and 5% annual appreciation builds toward $35,281 over five years. Five-year ROI reaches 191.91% and total cumulative return in cash records $81,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $625/mo payment rather than investor’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA