4515 Lillie StFort 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 4515 Lillie St, Fort Wayne, IN, 46806 uses $45,747 cash to close to unlock $5,401/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,297/mo, and a $675/mo payment keeps the spread at $450/mo. Purchase price stands at $138,000, and rental yield measures 11.28% with $1,297/mo rent. Return on cash invested shows 31.71% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 166.16% and total cumulative return in cash records $76,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $675/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Kaleefa Simpson • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202443182
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