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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Wayne at 3228 Teramo Cv, Fort Wayne, IN, 46814 generates $2,738/mo in rent, after a $2,691/mo payment. Total monthly income is $2,738/mo. Return on cash invested sits at 16.33% in year one, and rental yield is 5.97% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 83.38% and total cumulative return in cash sums $150,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,738/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.28 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 |
|---|---|---|
| 2025-04-12 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $3671.28 | 12.39% | $498,000 | 5.73% |
| 2023-04-14 | $3266.68 | 6.30% | $471,000 | 8.45% |
| 2022-04-14 | $3072.96 | 10.69% | $434,300 | 9.84% |
Listed by: J. Kyle Ness • Ness Bros. Realtors & Auctioneers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512565
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.
