3410 Oliver 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
Investment property for sale in Fort Wayne at 3410 Oliver St, Fort Wayne, IN, 46806 uses $39,780 cash to close to unlock $2,098/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $912/mo, and a $587/mo payment keeps the spread at $175/mo. Purchase price stands at $120,000, and rental yield measures 9.12% with $912/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 131.09% and total cumulative return in cash records $52,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $912/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1925
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Harrison Bolyard • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524723
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