5031 Salem Ln, Fort Wayne, IN, 46806 | $453/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 5031 Salem Ln, Fort Wayne, IN, 46806 listed at $228,000 pairs $1,822/mo rent with a $1,116/mo payment to leave $453/mo cash flow. Total monthly income runs $1,822/mo, and annual cash flow reaches $5,440/yr on $75,582 cash to close. Return on cash invested measures 27.11% in year one, and rental yield registers 9.59% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 141.24% and total cumulative return in cash totals $106,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,822/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

9,583 sqft lot

$N/A/sqft

No HOA