3410 Willowdale RdFort WayneIN46802
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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 Willowdale Rd, Fort Wayne, IN, 46802 listed at $303,500 pairs $2,087/mo rent with a $1,485/mo payment to leave $252/mo cash flow. Total monthly income runs $2,087/mo, and annual cash flow reaches $3,027/yr on $100,610 cash to close. Return on cash invested measures 22.92% in year one, and rental yield registers 8.25% at a $303,500 basis. Equity gained on principal adds $1,958/yr, and annual property appreciation at 5% supports $83,851 by year five. Five-year ROI tracks 118.83% and total cumulative return in cash totals $119,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,087/mo property income relative to a $1,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.64 Acres lot
$N/A/sqft
$160 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 1,514 (26.5%) |
| Renter Occupied HU | 3,373 (59.0%) |
| Vacant Housing Units | 831 (14.5%) |
| Median Home Value | $178,409 |
| Average Home Value | $232,751 |
Housing Distribution
Address Breakdown
Residential
5,036
Single Family
3,762
Multi-Family
1,274
Businesses
984
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Listed by: Jared Kent • Anthony REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521465
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.