426 Colerick St,Fort Wayne,IN,46806

Investment Highlights

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).