4206 Tacoma AveFort WayneIN46807
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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
Investment property for sale in Fort Wayne at 4206 Tacoma Ave, Fort Wayne, IN, 46807 offers a 11.02% rental yield on a $209,500 purchase with $1,924/mo rent. Total monthly income registers $1,924/mo, and a $1,025/mo payment leaves $667/mo available for distribution. Annual cash flow reaches $8,002/yr on $69,449 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 164.38% and total cumulative return in cash at $114,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,924/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46807, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,888 (100%) |
| Owner Occupied HU | 3,948 (57.3%) |
| Renter Occupied HU | 2,419 (35.1%) |
| Vacant Housing Units | 521 ( 7.6%) |
| Median Home Value | $189,648 |
| Average Home Value | $217,450 |
Housing Distribution
Address Breakdown
Residential
6,741
Single Family
6,404
Multi-Family
337
Businesses
242
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Listed by: Dianne Hovermale • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls ID: #202532547