5407 Cloverbrook Dr, Fort Wayne, IN, 46806 | $322/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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5407 Cloverbrook Dr, Fort Wayne, IN, 46806 | $322/mo Cash Flow | Ziffy

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 5407 Cloverbrook Dr, Fort Wayne, IN, 46806 uses $96,135 cash to close to unlock $3,859/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $1,419/mo payment keeps the spread at $322/mo. Purchase price stands at $290,000, and rental yield measures 8.53% with $2,062/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash records $119,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Single Family

Built in 1970

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

This property is nestled in the quite subdivision of Colonial Heritage. This lot borders working farm land where you can enjoy beautiful seasonal vistas and have ultimate privacy from no rare neighbors. Step right into this spacious home and you will find 4 bedrooms, 2 full baths and 2 half baths. A formal living and dining room are all on the main level complimented by natural light. The eat in kitchen has new floors, updated appliances, and freshly painted cabinets. It flows right into another large living space that could be used for entertaining. The lower level you have a recreational area, the laundry room, a half bath, and two bonus rooms to use for whatever. All of the bedrooms and full bathrooms can be found on the upper level of the home. Take a tour today!!! ***More Photos To Come***