434 W Brackenridge St, Fort Wayne, IN, 46802 | $326/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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434 W Brackenridge St, Fort Wayne, IN, 46802 | $326/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 434 W Brackenridge St, Fort Wayne, IN, 46802 at $389,900 posts ROI 22.93% with $326/mo cash flow from $2,666/mo rent. Total monthly income equals $2,666/mo, and annual cash flow records $3,910/yr on $129,252 to close. Return on cash invested measures 22.93% and rental yield reads 8.21% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 118.81% and total cumulative return in cash totals $153,565.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,666/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2018

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning 3-story townhome, perfectly situated in the heart of downtown Fort Wayne! Enjoy the ultimate urban living experience with Parkview Field just steps away, and a host of exciting destinations within walking distance, including bars, restaurants, Electric Works, Starbucks, Promenade Park, Headwaters Park, and more. Inside, this thoughtfully designed home offers 3 bedrooms, 2 full and 2 half baths, and plenty of space for comfort and versatility. The open-concept middle floor boasts a custom kitchen with quartz countertops, soft-close cabinetry, tiled backsplash, and a large island, ideal for entertaining. The north-facing balcony provides lots of natural light and a great spot to relax. The third floor features two en suites, including one with a luxurious tile walk-in shower and a south-facing balcony. The first-floor bedroom could also serve as a home office with its attached half bath. With a 2-car heated garage and abundant free parking nearby, you'll never have to worry about finding a spot. Plus, enjoy spectacular firework shows from one of the two balconies during Tin Caps games and holidays. This townhome offers a hassle-free lifestyle in the best location, making it the ideal choice for anyone seeking modern, convenient city living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,718 (100%)
Owner Occupied HU	1,514 (26.5%)
Renter Occupied HU	3,373 (59.0%)
Vacant Housing Units	831 (14.5%)
Median Home Value	$178,409
Average Home Value	$232,751