Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3121 S Calhoun St, Fort Wayne, IN, 46807 with 5% annual appreciation on a $140,000 basis while $1,056/mo rent supports operations. Total monthly income totals $1,056/mo and a $685/mo payment preserves $216/mo for cash returns. Annual cash flow comes to $2,590/yr on $46,410 deployed, and return on cash invested reaches 25.49% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.05%. Five-year ROI measures 132.54% and total cumulative return in cash totals $61,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,056/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46807, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,888 (100%) |
| Owner Occupied HU | 3,948 (57.3%) |
| Renter Occupied HU | 2,419 (35.1%) |
| Vacant Housing Units | 521 ( 7.6%) |
| Median Home Value | $189,648 |
| Average Home Value | $217,450 |
Residential
6,741
Single Family
6,404
Multi-Family
337
Businesses
242
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listed for sale | $140,000 |
| 2022-11-18 | Sold | $90,000 |
| 2022-10-31 | Pending sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Paden • Paden Company Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434385
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.
