325 E Gump RdFort WayneIN46845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Fort Wayne at 325 E Gump Rd, Fort Wayne, IN, 46845 offers $2,173/mo rent that, after a $1,414/mo payment, leaves $323/mo cash flow. Total monthly income is $2,173/mo, and annual cash flow is $3,878/yr on $95,737 cash. Return on cash invested measures 23.96% in year one, and rental yield stands at 9.03% at a $288,800 entry. Equity gained on principal adds $1,864/yr while 5% annual appreciation compounds into $79,790 by year five. Five-year ROI records 124.89% and total cumulative return in cash reaches $119,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,173/mo property income versus a $1,414/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A