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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 4837 Calumet Ave, Fort Wayne, IN, 46806 priced at $115,000 pairs $995/mo rent with $302/mo cash flow after a $563/mo payment. Total monthly income equals $995/mo, and annual cash flow comes to $3,630/yr on $38,123 invested. Return on cash invested is 29.43% in year one, and rental yield stands at 10.38% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 153.76% and total cumulative return in cash reaches $58,617. For financing, Ziffy Mortgage’s DSCR program evaluates $995/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
$25 annually HOA
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $115,000 |
| 2024-05-24 | Sold | $109,900 |
| 2024-04-29 | Pending sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $324.08 | -68.50% | $93,200 | 57.17% |
| 2022-11-20 | $1028.68 | -7.43% | $59,300 | 29.76% |
| 2021-11-20 | $1111.20 | 10.77% | $45,700 | -9.50% |
Listed by: Tamara Braun • Estate Advisors LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202443448
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.
