3319 S Clinton StFort WayneIN46806
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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
Total monthly income runs $924/mo, and a $710/mo payment. Purchase price stands at $145,000, and rental yield measures 7.65% with $924/mo rent. Return on cash invested shows 19.75% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 102.3% and total cumulative return in cash records $49,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $924/mo property income covering a $710/mo payment rather than investor’s personal income.
Multi Family
Built in 1926
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Andrew Spencer • Anthony REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513459
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.