








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at 3104 Cedar Ridge Run, Fort Wayne, IN, 46808 at $249,900 posts ROI 25.47% with $384/mo cash flow from $1,889/mo rent. Total monthly income equals $1,889/mo, and annual cash flow records $4,603/yr on $82,842 to close. Return on cash invested measures 25.47% and rental yield reads 9.07% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 132.44% and total cumulative return in cash totals $109,718.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,889/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
8,276 sqft lot
$N/A/sqft
$65 annually HOA
Neighborhood data shown for ZIP Code: 46808, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,424 (100%) |
| Owner Occupied HU | 5,045 (53.5%) |
| Renter Occupied HU | 3,606 (38.3%) |
| Vacant Housing Units | 773 ( 8.2%) |
| Median Home Value | $159,552 |
| Average Home Value | $217,483 |
Residential
8,487
Single Family
7,890
Multi-Family
597
Businesses
753
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $249,900 |
| 2022-12-29 | Sold | $183,500 |
| 2022-11-29 | Pending sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $2045.12 | 14.80% | $198,100 | 5.26% |
| 2023-05-16 | $1781.52 | 8.52% | $188,200 | 17.85% |
| 2022-05-16 | $1641.64 | 18.63% | $159,700 | 7.83% |



Listed by: Dominick Parsons • Uptown Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517855
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.