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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 5645 S Wayne Ave APT C, Fort Wayne, IN, 46807 with 5% annual appreciation on a $115,000 basis while $1,472/mo rent supports operations. Total monthly income totals $1,472/mo and a $563/mo payment preserves $407/mo for cash returns. Annual cash flow comes to $4,878/yr on $38,123 deployed, and return on cash invested reaches 32.71% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 15.36%. Five-year ROI measures 175.57% and total cumulative return in cash totals $66,933.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,472/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
N/A lot
$N/A/sqft
$375 monthly 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 |
|---|---|---|
| 2025-01-31 | Sold | $115,000 |
| 2024-12-22 | Pending sale | $134,900 |
| 2024-12-16 | Price change | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $639.60 | -8.59% | $120,300 | 34.87% |
| 2023-11-01 | $699.72 | 15.92% | $89,200 | 5.06% |
| 2022-11-01 | $603.64 | 15.30% | $84,900 | 10.40% |
Listed by: Dana Botteron • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202445557
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.
