4120 Meter Dr, Fort Wayne, IN, 46806 | $175/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4120 Meter Dr, Fort Wayne, IN, 46806 | $175/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 4120 Meter Dr, Fort Wayne, IN, 46806 earns $175/mo cash flow from $1,375/mo rent with a $978/mo payment. Total monthly income totals $1,375/mo, and annual cash flow totals $2,105/yr on $66,267 capital. ROI tracks 23.09% on current figures, and rental yield reads 8.25% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash sums $79,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,375/mo property income instead of your personal income.

Single Family

Built in 1972

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Stop The Car! Updated & Move-In Ready! This 4-bedroom 1.5 bath home has it allstyle, space, and updates galore! All bedrooms are conveniently located upstairs, creating a perfect layout for families or anyone who wants room to spread out. Step inside to find brand new luxury vinyl plank flooring throughout, fresh paint from top to bottom, and a bright, modern feel in every room. Both bathrooms have been updated and major mechanicals are already done for you with a brand new furnace and central air plus a roof thats only 2 years oldso you can move right in without a worry! Sitting on almost half an acre and backing up to peaceful farmland, youll love the private backyard views and wide-open space. Add in the 2-car attached garage and this home is an incredible value you dont want to miss!