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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Wayne at 4613 Litchfield Rd, Fort Wayne, IN, 46835 generates $2,448/mo in rent and, after a $1,615/mo payment, leaves $467/mo in cash flow. Total monthly income is $2,448/mo, and annual cash flow is $5,608/yr on $109,362 invested. Return on cash invested sits at 25.04% in year one, and rental yield is 8.9% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash sums $142,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,448/mo property income rather than buyer’s personal income.
Condo
Built in 1988
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,808 (100%) |
| Owner Occupied HU | 11,514 (68.5%) |
| Renter Occupied HU | 4,564 (27.2%) |
| Vacant Housing Units | 730 ( 4.3%) |
| Median Home Value | $251,777 |
| Average Home Value | $294,834 |
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katrina Nichols • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202536915
