3632 Astoria WayFort WayneIN46818
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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 3632 Astoria Way, Fort Wayne, IN, 46818 earns $154/mo cash flow from $2,015/mo rent with a $1,517/mo payment. Total monthly income totals $2,015/mo, and annual cash flow totals $1,853/yr on $102,765 capital. ROI tracks 21.71% on current figures, and rental yield reads 7.8% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 112.29% and total cumulative return in cash sums $115,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,015/mo property income instead of your personal income.
Single Family
Built in 2005
10,489 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: Stacia Ellington • Keller Williams Realty Group
Mls Name: IRMLS
Mls ID: #202549934