








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 3931 Fritcha Ave, Fort Wayne, IN, 46806 with 5% annual appreciation on a $165,000 basis while $1,400/mo rent supports operations. Total monthly income totals $1,400/mo and a $808/mo payment preserves $409/mo for cash returns. Annual cash flow comes to $4,909/yr on $54,698 deployed, and return on cash invested reaches 28.88% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 10.18%. Five-year ROI measures 150.83% and total cumulative return in cash totals $82,499.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,400/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1989
0.28 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Sold | $165,000 |
| 2025-05-14 | Listed for sale | $160,000 |
| 2021-06-24 | Sold | $76,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $665.88 | 9.48% | $71,400 | 88.39% |
| 2023-10-27 | $608.22 | -10.82% | $37,900 | 8.91% |
| 2022-10-27 | $682.00 | 6.28% | $34,800 | 0.58% |



Listed by: Stacy Dailey • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517609
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