5819 Monroeville Rd, Fort Wayne, IN, 46816 | 3.04% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,470/mo, and a $2,838/mo payment. Purchase price stands at $579,900, and rental yield measures 3.04% with $1,470/mo rent. Return on cash invested shows 7.41% in year one, and 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 35.57% and total cumulative return in cash records $67,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $2,838/mo payment rather than investor’s personal income.

Single Family

Built in 2000

14.84 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,306 (100%)
Owner Occupied HU	3,989 (48.0%)
Renter Occupied HU	3,575 (43.0%)
Vacant Housing Units	742 ( 8.9%)
Median Home Value	$165,445
Average Home Value	$214,685