3910 Meter DrFort WayneIN46806
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3910 Meter Dr, Fort Wayne, IN, 46806 in Fort Wayne is a conservative rental investment at $199,000. Rental yield 6.62%. A 1.23 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $54,980; $1,833/yr in principal paydown supplements. Total projected return: $69,090.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.8% |
| Monthly Cash Flow | $(97) | $420 |
City averages based on Fort Wayne market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,098 |
| Total Monthly Debt Service | $1,115 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wolf • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202528682