4116 Rocky Knoll CtFort WayneIN46809
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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
Rental property for sale in Fort Wayne at 4116 Rocky Knoll Ct, Fort Wayne, IN, 46809 priced at $265,000 pairs $2,025/mo rent with $426/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,025/mo, and annual cash flow comes to $5,112/yr on $87,848 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 9.17% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 133.9% and total cumulative return in cash reaches $117,627. For financing, Ziffy Mortgage’s DSCR program evaluates $2,025/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
9,234 sqft lot
$N/A/sqft
$99 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,247 (100%) |
| Owner Occupied HU | 2,422 (57.0%) |
| Renter Occupied HU | 1,602 (37.7%) |
| Vacant Housing Units | 223 ( 5.3%) |
| Median Home Value | $156,005 |
| Average Home Value | $213,601 |
Housing Distribution
Address Breakdown
Residential
4,168
Single Family
3,942
Multi-Family
226
Businesses
448
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Listed by: Melissa Clopton • Realty ONE Group Envision
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514816
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.