4221 Fieldbrook PassFort WayneIN46815
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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 4221 Fieldbrook Pass, Fort Wayne, IN, 46815 listed at $272,500 pairs $1,960/mo rent with a $1,334/mo payment to leave $324/mo cash flow. Total monthly income runs $1,960/mo, and annual cash flow reaches $3,888/yr on $90,334 cash to close. Return on cash invested measures 24.21% in year one, and rental yield registers 8.63% at a $272,500 basis. Equity gained on principal adds $1,758/yr, and annual property appreciation at 5% supports $75,287 by year five. Five-year ROI tracks 125.67% and total cumulative return in cash totals $113,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,960/mo property income relative to a $1,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,645 (100%) |
| Owner Occupied HU | 8,234 (70.7%) |
| Renter Occupied HU | 2,962 (25.4%) |
| Vacant Housing Units | 449 ( 3.9%) |
| Median Home Value | $218,361 |
| Average Home Value | $241,192 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Listed by: David L DeHaven • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls ID: #202549031