4825 Devonshire DrFort 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
Rental property for sale in Fort Wayne at 4825 Devonshire Dr, Fort Wayne, IN, 46806 priced at $199,600 converts $1,283/mo rent into $85/mo cash flow after a $977/mo obligation. Total monthly income equals $1,283/mo, and annual cash flow totals $1,017/yr on $66,167 invested. Return on cash invested prints 21.45% in year one, and rental yield reads 7.71% against a $199,600 entry. Equity gained on principal adds $1,288/yr, while 5% annual appreciation compiles into $55,146 by year five. Five-year ROI reaches 110.83% and total cumulative return in cash sums $73,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,283/mo property income covering a $977/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Haris Hrelja • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202443532
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