




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at 426 Colerick St, Fort Wayne, IN, 46806 listed at $101,400 pairs $1,127/mo rent with a $496/mo payment to leave $518/mo cash flow. Total monthly income runs $1,127/mo, and annual cash flow reaches $6,210/yr on $33,614 cash to close. Return on cash invested measures 38.38% in year one, and rental yield registers 13.34% at a $101,400 basis. Equity gained on principal adds $654/yr, and annual property appreciation at 5% supports $28,015 by year five. Five-year ROI tracks 201.74% and total cumulative return in cash totals $67,811. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,127/mo property income relative to a $496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
3,960 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Listing removed | $114,900 |
| 2024-10-20 | Price change | $114,900 |
| 2024-10-14 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $855.04 | 53.40% | $41,900 | 12.03% |
| 2023-11-01 | $557.38 | 1.99% | $37,400 | 50.81% |
| 2022-11-01 | $546.50 | -10.80% | $24,800 | 1.64% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A