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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Wayne at 3721 Mulberry Rd, Fort Wayne, IN, 46802 at $325,000 posts ROI 26.73% with $613/mo cash flow from $2,695/mo rent. Total monthly income equals $2,695/mo, and annual cash flow records $7,352/yr on $107,738 to close. Return on cash invested measures 26.73% and rental yield reads 9.95% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 139.73% and total cumulative return in cash totals $150,541.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,695/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
$160 annually HOA
Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 1,514 (26.5%) |
| Renter Occupied HU | 3,373 (59.0%) |
| Vacant Housing Units | 831 (14.5%) |
| Median Home Value | $178,409 |
| Average Home Value | $232,751 |
Residential
5,036
Single Family
3,762
Multi-Family
1,274
Businesses
984
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $325,000 |
| 2025-07-25 | Pending sale | $350,000 |
| 2025-06-11 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $4111.16 | 13.57% | $406,400 | 13.55% |
| 2023-10-25 | $3619.88 | 13.26% | $357,900 | 12.30% |
| 2022-10-25 | $3195.94 | 39.46% | $318,700 | 12.54% |
Listed by: Jared Kent • Anthony REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517348
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
