5598 Broad Fields CvFort WayneIN46818
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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
Investment Highlights
Rental property for sale in Fort Wayne at 5598 Broad Fields Cv, Fort Wayne, IN, 46818 generates $2,590/mo in rent and, after a $1,908/mo payment, leaves $250/mo in cash flow. Total monthly income is $2,590/mo, and annual cash flow is $2,998/yr on $129,252 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 7.97% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 115.03% and total cumulative return in cash sums $148,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,590/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: Amy Snyder • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202544569