








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 3116 Dockshire Ln, Fort Wayne, IN, 46804 with 5% annual appreciation on a $249,900 basis while $1,831/mo rent supports operations. Total monthly income totals $1,831/mo and a $1,223/mo payment preserves $150/mo for cash returns. Annual cash flow comes to $1,801/yr on $82,842 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.79%. Five-year ROI measures 115.25% and total cumulative return in cash totals $95,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,831/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
N/A lot
$N/A/sqft
$441 quarterly HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| 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 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $249,900 |
| 2021-04-22 | Sold | $187,000 |
| 2021-03-16 | Pending sale | $188,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $2481.02 | 21.48% | $238,300 | 2.58% |
| 2023-03-26 | $2042.36 | 27.57% | $232,300 | 21.94% |
| 2022-03-26 | $1600.98 | 3.74% | $190,500 | 23.86% |



What's Special
Pull Down Stairs
Listed by: Jody Hurley • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509719
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.