








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fort Wayne at 3429 S Cedar Crest Cir, Fort Wayne, IN, 46809 generates $1,133/mo in rent and, after a $734/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,133/mo, and annual cash flow is $2,793/yr on $49,725 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.06% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 132.74% and total cumulative return in cash sums $66,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,133/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,247 (100%) |
| Owner Occupied HU | 2,422 (57.0%) |
| Renter Occupied HU | 1,602 (37.7%) |
| Vacant Housing Units | 223 ( 5.3%) |
| Median Home Value | $156,005 |
| Average Home Value | $213,601 |
Residential
4,168
Single Family
3,942
Multi-Family
226
Businesses
448
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $150,000 |
| 2025-06-20 | Pending sale | $149,900 |
| 2025-06-10 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $182.90 | 27.44% | $84,900 | 1.56% |
| 2023-10-20 | $143.52 | -67.35% | $83,600 | 11.47% |
| 2022-10-20 | $439.60 | 2.00% | $75,000 | 17.92% |



Listed by: Bob Blythe • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521930
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.