4602 Reed St, Fort Wayne, IN, 46806 | $203/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

Investment property for sale in Fort Wayne at 4602 Reed St, Fort Wayne, IN, 46806 uses $44,753 cash to close to unlock $2,440/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,014/mo, and a $661/mo payment keeps the spread at $203/mo. Purchase price stands at $135,000, and rental yield measures 9.01% with $1,014/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 131.9% and total cumulative return in cash records $59,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,014/mo property income covering a $661/mo payment rather than investor’s personal income.

Single Family

Built in 1950

6,534 sqft lot

$N/A/sqft

No HOA