4533 Lafayette StFort WayneIN46806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Fort Wayne at 4533 Lafayette St, Fort Wayne, IN, 46806 priced at $115,000 converts $1,336/mo rent into $573/mo cash flow after a $563/mo obligation. Total monthly income equals $1,336/mo, and annual cash flow totals $6,872/yr on $38,123 invested. Return on cash invested prints 37.94% in year one, and rental yield reads 13.94% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 200.13% and total cumulative return in cash sums $76,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,336/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ahtway Freeda • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438961
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.