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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4321 S Wayne Ave, Fort Wayne, IN, 46807 uses $72,930 cash to close to unlock $3,326/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $1,077/mo payment keeps the spread at $277/mo. Purchase price stands at $220,000, and rental yield measures 8.72% with $1,598/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 127.12% and total cumulative return in cash records $92,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1935
5,118 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46807, Fort Wayne, IN area.
| 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 |
Residential
6,741
Single Family
6,404
Multi-Family
337
Businesses
242
Date | Event | Price |
|---|---|---|
| 2021-09-03 | Sold | $163,500 |
| 2021-07-25 | Contingent | $159,900 |
| 2021-07-22 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $1692.32 | -3.79% | $164,800 | 2.04% |
| 2023-05-29 | $1759.02 | 33.61% | $161,500 | 1.96% |
| 2022-05-29 | $1316.56 | 17.97% | $158,400 | 29.41% |
Listed by: Logan Conley • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519720
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
