5505 Standish Dr,Fort Wayne,IN,46806

Investment Highlights

Rental property for sale in Fort Wayne at 5505 Standish Dr, Fort Wayne, IN, 46806 generates $1,340/mo in rent and, after a $976/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,340/mo, and annual cash flow is $1,715/yr on $66,134 invested. Return on cash invested sits at 22.5% in year one, and rental yield is 8.06% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash sums $77,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,340/mo property income rather than buyer’s personal income.