3702 Hiawatha Blvd, Fort Wayne, IN, 46809 | $357/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3702 Hiawatha Blvd, Fort Wayne, IN, 46809 | $357/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

Investment property for sale in Fort Wayne at 3702 Hiawatha Blvd, Fort Wayne, IN, 46809 earns $357/mo cash flow from $1,437/mo rent with a $881/mo payment. Total monthly income totals $1,437/mo, and annual cash flow totals $4,278/yr on $59,670 capital. ROI tracks 27.08% on current figures, and rental yield reads 9.58% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash sums $84,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,437/mo property income instead of your personal income.

Single Family

Built in 1946

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

FINISHED BASEMENT! Fall in love with this charming 2-bed, 2-bath home perfectly tucked away in one of the citys most delightful neighborhoods! From the moment you arrive, youll notice the inviting curb appeal and spacious corner lot that offers plenty of yard space for entertaining or play. Inside, youll find warm and cozy living areas, a bright kitchen, and a finished full basementperfect for a guest suite, home office, or extra bedroom! Recent updates include a new blower in the AC for peace of mind and year-round comfort. Conveniently located near downtown and the popular west side, this cutie combines comfort, charm, and convenience all in one. Dont miss your chance to call this gem home!

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