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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 4328 Mirada Dr, Fort Wayne, IN, 46816 offers a 11.98% rental yield on a $242,700 purchase with $2,423/mo rent. Total monthly income registers $2,423/mo, and a $1,188/mo payment leaves $966/mo available for distribution. Annual cash flow reaches $11,592/yr on $80,455 to close, and return on cash invested stands at 34.32% in year one. Equity gained on principal adds $1,566/yr while 5% annual appreciation supports $67,054 over five years. Portfolio math shows five-year ROI at 179.84% and total cumulative return in cash at $144,694. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,423/mo property income against a $1,188/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,306 (100%) |
| Owner Occupied HU | 3,989 (48.0%) |
| Renter Occupied HU | 3,575 (43.0%) |
| Vacant Housing Units | 742 ( 8.9%) |
| Median Home Value | $165,445 |
| Average Home Value | $214,685 |
Residential
7,825
Single Family
6,037
Multi-Family
1,788
Businesses
192
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listing removed | $215,000 |
| 2024-12-12 | Listed for sale | $215,000 |
| 2024-12-10 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1645.84 | 14.29% | $181,100 | 8.77% |
| 2023-11-02 | $1440.00 | 19.11% | $166,500 | 15.63% |
| 2022-11-02 | $1209.00 | 13.89% | $144,000 | 19.11% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
