3314 Reed St, Fort Wayne, IN, 46806 | $297/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 3314 Reed St, Fort Wayne, IN, 46806 offers a 10.45% rental yield on a $109,900 purchase with $957/mo rent. Total monthly income registers $957/mo, and a $538/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,566/yr on $36,432 to close, and return on cash invested stands at 29.7% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 155.18% and total cumulative return in cash at $56,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $957/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1929

5,227 sqft lot

$N/A/sqft

No HOA