404 Shadyhurst DrFort WayneIN46825
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
Investment Highlights
Investment property for sale in Fort Wayne at 404 Shadyhurst Dr, Fort Wayne, IN, 46825 with 5% annual appreciation on a $199,999 basis while $1,555/mo rent supports operations. Total monthly income totals $1,555/mo and a $979/mo payment preserves $354/mo for cash returns. Annual cash flow comes to $4,252/yr on $66,300 deployed, and return on cash invested reaches 26.32% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 9.33%. Five-year ROI measures 137.03% and total cumulative return in cash totals $90,848.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,555/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46825, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 7,944 (58.1%) |
| Renter Occupied HU | 4,937 (36.1%) |
| Vacant Housing Units | 797 ( 5.8%) |
| Median Home Value | $237,440 |
| Average Home Value | $265,249 |
Housing Distribution
Address Breakdown
Residential
13,252
Single Family
11,288
Multi-Family
1,964
Businesses
1,404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Scully • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202543638