4002 Hanna StFort WayneIN46806
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Fort Wayne rentals match the income profile of 4002 Hanna St, Fort Wayne, IN, 46806. Listed at $149,800, gross rent is $2,269/mo and net cash flow is $1,334/mo, a 18.18% yield well above national averages. DSCR 3.37 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,387 by year five with $1,380/yr in annual principal reduction, projecting $142,706 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.2% | 6.8% |
| Monthly Cash Flow | $1,334 | $420 |
City averages based on Fort Wayne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,269 |
| Total Monthly Debt Service | $876 |
| DSCR Ratio | 2.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1945
5,360 sqft 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 1945
5,360 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A