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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 5805 Hemingway Run, Fort Wayne, IN, 46814 listed at $385,000 pairs $2,863/mo rent with a $1,884/mo payment to leave $508/mo cash flow. Total monthly income runs $2,863/mo, and annual cash flow reaches $6,092/yr on $127,628 cash to close. Return on cash invested measures 24.68% in year one, and rental yield registers 8.92% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 128.34% and total cumulative return in cash totals $163,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,863/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $385,000 |
| 2013-04-12 | Sold | $205,000 |
| 2013-03-13 | Pending sale | $212,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $3729.62 | 5.27% | $344,500 | -0.81% |
| 2023-06-02 | $3542.76 | 17.27% | $347,300 | 6.27% |
| 2022-06-02 | $3020.92 | 2.45% | $326,800 | 13.59% |
What's Special
Pull Down Stairs,Storage
Listed by: Shannon L Persinger • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520336
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.
