3713 Lindbergh BlvdFort WayneIN46806
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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 3713 Lindbergh Blvd, Fort Wayne, IN, 46806 offers a 12.61% rental yield on a $207,000 purchase with $2,176/mo rent. Total monthly income registers $2,176/mo, and a $1,013/mo payment leaves $934/mo available for distribution. Annual cash flow reaches $11,203/yr on $68,621 to close, and return on cash invested stands at 36.23% in year one. Equity gained on principal adds $1,336/yr while 5% annual appreciation supports $57,190 over five years. Portfolio math shows five-year ROI at 190.17% and total cumulative return in cash at $130,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $1,013/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: David Budd • Tree City Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202336826
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