5707 Dennison DrFort WayneIN46835
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 5707 Dennison Dr, Fort Wayne, IN, 46835 at $314,900 posts ROI 20.97% with $92/mo cash flow from $2,094/mo rent. Total monthly income equals $2,094/mo, and annual cash flow records $1,104/yr on $104,389 to close. Return on cash invested measures 20.97% and rental yield reads 7.98% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 108.72% and total cumulative return in cash totals $113,494.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,094/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,808 (100%) |
| Owner Occupied HU | 11,514 (68.5%) |
| Renter Occupied HU | 4,564 (27.2%) |
| Vacant Housing Units | 730 ( 4.3%) |
| Median Home Value | $251,777 |
| Average Home Value | $294,834 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
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Listed by: John-Michael Segyde • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514725
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.