307 W Williams StFort WayneIN46802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Fort Wayne at 307 W Williams St, Fort Wayne, IN, 46802 at $247,000 posts ROI 14.77% with from $1,318/mo rent. Total monthly income equals $1,318/mo. Return on cash invested measures 14.77% and rental yield reads 6.4% at the current $247,000. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 by year five. Five-year ROI prints 76.05% and total cumulative return in cash totals $62,272. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,318/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 1,514 (26.5%) |
| Renter Occupied HU | 3,373 (59.0%) |
| Vacant Housing Units | 831 (14.5%) |
| Median Home Value | $178,409 |
| Average Home Value | $232,751 |
Housing Distribution
Address Breakdown
Residential
5,036
Single Family
3,762
Multi-Family
1,274
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Wildman • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515848
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.