3420 Plaza Dr,Fort Wayne,IN,46806

Investment Highlights

Rental property for sale in Fort Wayne at 3420 Plaza Dr, Fort Wayne, IN, 46806 offers $1,000/mo rent that, after a $614/mo payment, leaves $247/mo cash flow. Total monthly income is $1,000/mo, and annual cash flow is $2,963/yr on $41,603 cash. Return on cash invested measures 27.03% in year one, and rental yield stands at 9.56% at a $125,500 entry. Equity gained on principal adds $810/yr while 5% annual appreciation compounds into $34,673 by year five. Five-year ROI records 140.8% and total cumulative return in cash reaches $58,578. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,000/mo property income versus a $614/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.