








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 5904 S Harrison St, Fort Wayne, IN, 46807 listed at $159,900 pairs $962/mo rent with a $783/mo payment to leave $2/mo cash flow. Total monthly income runs $962/mo, and annual cash flow reaches $21/yr on $53,007 cash to close. Return on cash invested measures 19.95% in year one, and rental yield registers 7.22% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 102.86% and total cumulative return in cash totals $54,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $962/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $159,900 |
| 2025-02-21 | Sold | $80,000 |
| 2025-02-13 | Pending sale | $64,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $436.80 | -3.25% | $10,200 | -37.04% |
| 2023-04-07 | $451.48 | 87.44% | $16,200 | N/A |
| 2022-04-07 | $240.86 | -3.06% | $16,200 | 100.00% |



Listed by: Ashley Scott • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511349
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.