








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at 5216 S Calhoun St, Fort Wayne, IN, 46807 at $165,000 posts ROI 30.55% with $485/mo cash flow from $1,626/mo rent. Total monthly income equals $1,626/mo, and annual cash flow records $5,820/yr on $54,698 to close. Return on cash invested measures 30.55% and rental yield reads 11.83% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 160.85% and total cumulative return in cash totals $87,983.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,626/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46807, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,888 (100%) |
| Owner Occupied HU | 3,948 (57.3%) |
| Renter Occupied HU | 2,419 (35.1%) |
| Vacant Housing Units | 521 ( 7.6%) |
| Median Home Value | $189,648 |
| Average Home Value | $217,450 |
Residential
6,741
Single Family
6,404
Multi-Family
337
Businesses
242
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Sold | $165,000 |
| 2025-04-10 | Pending sale | $192,500 |
| 2025-03-31 | Price change | $192,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $3170.96 | 53.02% | $144,900 | 4.47% |
| 2023-11-01 | $2072.20 | 112.54% | $138,700 | 50.43% |
| 2022-11-01 | $974.96 | 11.11% | $92,200 | -6.77% |



Listed by: Christine E Kroft • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509065
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.