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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% |
Rental property for sale in Fort Wayne at 5645 S Wayne Ave APT D, Fort Wayne, IN, 46807 priced at $129,900 pairs $1,029/mo rent with after a $636/mo payment. Total monthly income equals $1,029/mo. Return on cash invested is 17.82% in year one, and rental yield stands at 9.51% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 94.79% and total cumulative return in cash reaches $40,819. For financing, Ziffy Mortgage’s DSCR program evaluates $1,029/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$324 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $129,900 |
| 2023-10-31 | Sold | $122,500 |
| 2023-10-23 | Pending sale | $125,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $469.98 | -72.12% | $106,800 | 35.53% |
| 2023-04-21 | $1685.62 | 11.50% | $78,800 | 5.07% |
| 2022-04-21 | $1511.80 | 23.15% | $75,000 | 11.11% |
Listed by: Amber Miller • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513575
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.
