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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% |
Rental property for sale in Fort Wayne at 3921 Vermilion Clfs, Fort Wayne, IN, 46814 priced at $685,000 pairs $3,941/mo rent with after a $3,353/mo payment. Total monthly income equals $3,941/mo. Return on cash invested is 15.7% in year one, and rental yield stands at 6.9% on a $685,000 basis. Equity gained on principal adds $4,420/yr, and 5% annual appreciation accumulates to $189,253 by year five. Five-year ROI measures 81.25% and total cumulative return in cash reaches $183,118. For financing, Ziffy Mortgage’s DSCR program evaluates $3,941/mo property income against a $3,353/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2008
0.43 Acres lot
$N/A/sqft
$4,760 annually HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Sold | $685,000 |
| 2024-10-30 | Pending sale | $705,000 |
| 2024-10-06 | Price change | $705,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $8691.72 | 5.13% | $1,004,300 | 1.23% |
| 2023-11-01 | $8267.76 | 15.05% | $992,100 | 2.41% |
| 2022-11-01 | $7186.12 | 4.44% | $968,800 | 17.32% |
Listed by: Tammy Fendt • Uptown Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202419808
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.
