3608 Three Oaks Dr, Fort Wayne, IN, 46809 | $554/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3608 Three Oaks Dr, Fort Wayne, IN, 46809 | $554/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Wayne at 3608 Three Oaks Dr, Fort Wayne, IN, 46809 generates $1,958/mo in rent and, after a $1,145/mo payment, leaves $554/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $6,644/yr on $77,571 invested. Return on cash invested sits at 28.47% in year one, and rental yield is 10.04% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 148.54% and total cumulative return in cash sums $115,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.

Single Family

Built in 1992

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Don't scroll past this beautifully updated tri-level home filled with natural light and thoughtful updates throughout! Featuring 4 bedrooms, 2 full baths, and 2 separate living areas, this home offers space and flexibility for everyone. Enjoy worry-free living with a brand-new HVAC system (2025) with a Reme Halo whole house air purifier, newer roof (2022), privacy fence (2023), and newer toilets (2024)many big-ticket items are done for you. The kitchen and dining area flow effortlessly into the main living room and out to the fenced backyard with a charming brick patio, perfect for morning coffee or evening cookouts. The lower level provides a private suite with its own full bath, ideal for guests, teens, or a quiet retreat. Modern finishes, fresh paint, and natural light make every space feel warm, bright, and move-in ready. Set in an established neighborhood near shopping, dining, and parks, youll love the balance of convenience and comfort this home provides. With its spacious yard, flexible floor plan, and updated mechanicals, this home is a perfect fit. Come see why this one feels like home the moment you walk in!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

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