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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 5200 N Washington Rd, Fort Wayne, IN, 46804 generates $2,727/mo in rent, after a $2,521/mo payment. Total monthly income is $2,727/mo. Return on cash invested sits at 17.48% in year one, and rental yield is 6.35% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 89.53% and total cumulative return in cash sums $151,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,727/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,704 (100%) |
| Owner Occupied HU | 8,866 (64.7%) |
| Renter Occupied HU | 4,275 (31.2%) |
| Vacant Housing Units | 563 ( 4.1%) |
| Median Home Value | $272,764 |
| Average Home Value | $304,067 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
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: Lyla Moody • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls ID: #202530020
