3822 Yardley CtFort WayneIN46815
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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 3822 Yardley Ct, Fort Wayne, IN, 46815 uses $56,322 cash to close to unlock $4,280/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,477/mo, and a $832/mo payment keeps the spread at $357/mo. Purchase price stands at $169,900, and rental yield measures 10.43% with $1,477/mo rent. Return on cash invested shows 27.51% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 144.16% and total cumulative return in cash records $81,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,477/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1987
3,484 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,645 (100%) |
| Owner Occupied HU | 8,234 (70.7%) |
| Renter Occupied HU | 2,962 (25.4%) |
| Vacant Housing Units | 449 ( 3.9%) |
| Median Home Value | $218,361 |
| Average Home Value | $241,192 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Listed by: Chelsy Vaughn • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531822
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.