4323 Spatz AveFort WayneIN46806
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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 4323 Spatz Ave, Fort Wayne, IN, 46806 with 5% annual appreciation on a $108,000 basis while $1,082/mo rent supports operations. Total monthly income totals $1,082/mo and a $529/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,661/yr on $35,802 deployed, and return on cash invested reaches 32.93% in year one. Equity gained on principal adds $697/yr, and five-year appreciation sums $29,838 alongside rental yield of 12.02%. Five-year ROI measures 173.07% and total cumulative return in cash totals $61,964.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,082/mo property income versus a $529/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
4,356 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jill Brigman • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514445
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