335 Marcelle DrFort WayneIN46845
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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 335 Marcelle Dr, Fort Wayne, IN, 46845 priced at $269,900 pairs $2,219/mo rent with $599/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,219/mo, and annual cash flow comes to $7,186/yr on $89,472 invested. Return on cash invested is 27.94% in year one, and rental yield stands at 9.87% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 145.66% and total cumulative return in cash reaches $130,326. For financing, Ziffy Mortgage’s DSCR program evaluates $2,219/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.55 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
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Listed by: Brandon C Stone • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202530153