








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 3233 Broadway St, Fort Wayne, IN, 46807 uses $49,062 cash to close to unlock $3,744/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $724/mo payment keeps the spread at $312/mo. Purchase price stands at $148,000, and rental yield measures 9.73% with $1,200/mo rent. Return on cash invested shows 27.54% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 143.48% and total cumulative return in cash records $70,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $724/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,049 sqft 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 |
|---|---|---|
| 2025-09-19 | Sold | $148,000 |
| 2025-08-11 | Pending sale | $145,000 |
| 2025-07-28 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ian Barnhart • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529482
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.