








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 3119 Shallowbrook Dr, Fort Wayne, IN, 46814 uses $140,888 cash to close to unlock $8,364/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $3,248/mo, and a $2,080/mo payment keeps the spread at $697/mo. Purchase price stands at $425,000, and rental yield measures 9.17% with $3,248/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 134.42% and total cumulative return in cash records $189,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tina Baxter • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202539467