3031 Hedgerow Pass, Fort Wayne, IN, 46804 | $344/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3031 Hedgerow Pass, Fort Wayne, IN, 46804 | $344/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 3031 Hedgerow Pass, Fort Wayne, IN, 46804 earns $344/mo cash flow from $1,965/mo rent with a $1,322/mo payment. Total monthly income totals $1,965/mo, and annual cash flow totals $4,125/yr on $89,505 capital. ROI tracks 24.52% on current figures, and rental yield reads 8.73% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash sums $113,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,965/mo property income instead of your personal income.

Condo

Built in 2001

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 2-bath villa that blends comfort, style, and functionality. Step inside to find a spacious open floor plan featuring a modern kitchen with oak cabinets, granite countertops, upgraded appliances, and a convenient reverse osmosis system. The home offers ample storage throughout, including generous closet space and pull-down attic access in the attached 2-car garage, ensuring everything has its place. Enjoy cozy evenings by the brand-new 2025 gas log fireplace, or unwind in the stunning four-seasons room with vaulted ceilings, offering panoramic views of the serene, wooded backyard. Step out onto the deck for a peaceful retreat in nature, or explore the nearby trails ideal for walking, jogging, or biking. Outside, you'll appreciate the low-maintenance yardthe HOA handles mowing, leaf removal, and snow clearing, so you can enjoy a hassle-free lifestyle year-round. Additional updates include a new roof and gutters in 2021 (with warranty), a new HVAC system also in 2021, and the exterior freshly painted in 2018.

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