Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Wayne at 3724 Hiawatha Blvd, Fort Wayne, IN, 46809 generates $1,405/mo in rent and, after a $857/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,405/mo, and annual cash flow is $4,248/yr on $58,013 invested. Return on cash invested sits at 27.23% in year one, and rental yield is 9.63% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 141.95% and total cumulative return in cash sums $82,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,405/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
10,741 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.
| 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 |
Residential
4,168
Single Family
3,942
Multi-Family
226
Businesses
448
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $175,000 |
| 2005-03-04 | Sold | $81,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $466.72 | 2.00% | $134,100 | 3.15% |
| 2023-05-28 | $457.56 | 2.00% | $130,000 | 9.89% |
| 2022-05-28 | $448.60 | 2.00% | $118,300 | 11.81% |
Listed by: Michael Burt • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519561
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.
