5617 Tranquilo WayFort WayneIN46818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Fort Wayne at 5617 Tranquilo Way, Fort Wayne, IN, 46818 earns $310/mo cash flow from $2,279/mo rent with a $1,568/mo payment. Total monthly income totals $2,279/mo, and annual cash flow totals $3,721/yr on $106,204 capital. ROI tracks 23.41% on current figures, and rental yield reads 8.54% at a $320,375 purchase. Equity gained on principal adds $2,067/yr, and 5% annual appreciation supports $88,514 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash sums $129,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,279/mo property income instead of your personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$550 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jihan Rachel E Brooks • DRH Realty of Indiana, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534097
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.