Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Wayne at 337 McKinnie Ave, Fort Wayne, IN, 46806 with 5% annual appreciation on a $154,900 basis while $1,193/mo rent supports operations. Total monthly income totals $1,193/mo and a $758/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,160/yr on $51,349 deployed, and return on cash invested reaches 26.06% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,796 alongside rental yield of 9.24%. Five-year ROI measures 135.68% and total cumulative return in cash totals $69,668.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,193/mo property income versus a $758/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
5,619 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-11 | Price change | $154,900 |
| 2024-10-31 | Listed for sale | $163,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $1056.32 | 44.67% | $61,400 | 30.64% |
| 2022-11-19 | $730.14 | 13.88% | $47,000 | 44.17% |
| 2021-11-19 | $641.14 | 2.59% | $32,600 | 11.26% |
Listed by: Jay Howell • Red Howell Associates., Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202442230
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.
