3716 Meter DrFort 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 3716 Meter Dr, Fort Wayne, IN, 46806 listed at $194,900 pairs $1,206/mo rent with a $954/mo payment to leave $36/mo cash flow. Total monthly income runs $1,206/mo, and annual cash flow reaches $432/yr on $64,609 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 7.43% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 106.17% and total cumulative return in cash totals $68,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,206/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Sharon White • Premier Inc., REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533768
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