450 E Wildwood Ave, Fort Wayne, IN, 46806 | $258/mo Cash Flow

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

Rental property for sale in Fort Wayne at 450 E Wildwood Ave, Fort Wayne, IN, 46806 priced at $154,000 converts $1,183/mo rent into $258/mo cash flow after a $754/mo obligation. Total monthly income equals $1,183/mo, and annual cash flow totals $3,100/yr on $51,051 invested. Return on cash invested prints 25.98% in year one, and rental yield reads 9.22% against a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation compiles into $42,547 by year five. Five-year ROI reaches 135.23% and total cumulative return in cash sums $69,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,183/mo property income covering a $754/mo payment, not borrower’s personal income.

Single Family

Built in 1920

3,484 sqft lot

$N/A/sqft

No HOA