3310 Blackfoot CtFort WayneIN46815
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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
Investment property for sale in Fort Wayne at 3310 Blackfoot Ct, Fort Wayne, IN, 46815 earns $747/mo cash flow from $2,398/mo rent with a $1,346/mo payment. Total monthly income totals $2,398/mo, and annual cash flow totals $8,967/yr on $91,163 capital. ROI tracks 29.74% on current figures, and rental yield reads 10.46% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 155.39% and total cumulative return in cash sums $141,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,398/mo property income instead of your personal income.
Single Family
Built in 1976
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,645 (100%) |
| Owner Occupied HU | 8,234 (70.7%) |
| Renter Occupied HU | 2,962 (25.4%) |
| Vacant Housing Units | 449 ( 3.9%) |
| Median Home Value | $218,361 |
| Average Home Value | $241,192 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Listed by: Ashley Wagner • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls ID: #202548557