4201 Palace Ln, Fort Wayne, IN, 46808 | $467/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4201 Palace Ln, Fort Wayne, IN, 46808 | $467/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
2899 sft

1105 Blackthorn Cv, Fort Wayne, IN, 46804

3 Bed
3 Bath
2691 sft

14805 Blue Reef Dr, Fort Wayne, IN, 46814

4 Bed
3 Bath
2788 sft

10462 Chestnut Creek Blvd, Fort Wayne, IN, 46814

4 Bed
3 Bath
2629 sft

12004 Fazio Dr, Fort Wayne, IN, 46818

Nearby investment properties with comparable prices

3 Bed
3 Bath
2445 sft

919 Koehler Pl, Fort Wayne, IN, 46814

4 Bed
3 Bath
2410 sft

9833 Flag Stone Pl, Fort Wayne, IN, 46804

4 Bed
3 Bath
3690 sft

2436 Windsong Ct, Fort Wayne, IN, 46804

4 Bed
4 Bath
3506 sft

2016 Azurite Pl, Fort Wayne, IN, 46804

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Fort Wayne at 4201 Palace Ln, Fort Wayne, IN, 46808 offers a 8.48% rental yield on a $439,900 purchase with $3,108/mo rent. Total monthly income registers $3,108/mo, and a $2,153/mo payment leaves $467/mo available for distribution. Annual cash flow reaches $5,609/yr on $145,827 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 123.24% and total cumulative return in cash at $179,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,108/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2020

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE Saturday 10/4 from 2-4pm. Stunning 4 bedroom 3.5 Bathroom home with over 3100 sq. ft. of Finished Living Space located in a quiet neighborhood on a large cul-de-sac lot. You will love this open concept home with it's vaulted ceilings and large windows that allow natural light to flow throughout. The Great Room also features a gas log fireplace and LVP flooring which flows throughout the most of the main level. The Kitchen features a large center island with tons of cabinet space and stainless steel appliance which are included. The Primary Bedroom is located on the first level and features a dream bath with double vanity sinks, stand up shower and large garden tub for relaxing after a hard days work. The 3 additional upper level bedrooms are generous sizes and share a full bath. The Daylight Finished basement is all set up for entertaining and staying in shape with it's home gym and another Full bathroom along with extra storage in the mechanical room. Don't miss the 3 car garage with pull down attic for more storage. The main level laundry room has a custom crafted locker drop one. Washer and Dryer are also included in the sale. This TURN KEY home is close to shopping, restaraunts plus it's only 7 minutes away from downtown Fort Wayne and the riverfront re-development. Avg utilities: Gas $100/month, Elec $200/month, Water/sewer $90/month

Neighborhood Data

Neighborhood data shown for ZIP Code: 46808, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,424 (100%)
Owner Occupied HU	5,045 (53.5%)
Renter Occupied HU	3,606 (38.3%)
Vacant Housing Units	773 ( 8.2%)
Median Home Value	$159,552
Average Home Value	$217,483