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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 5909 Chase Creek Ct, Fort Wayne, IN, 46804 offers a 8.32% rental yield on a $339,900 purchase with $2,357/mo rent. Total monthly income registers $2,357/mo, and a $1,664/mo payment leaves $290/mo available for distribution. Annual cash flow reaches $3,481/yr on $112,677 to close, and return on cash invested stands at 23% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 119.3% and total cumulative return in cash at $134,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.29 Acres lot
$N/A/sqft
$314 annually HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,704 (100%) |
| Owner Occupied HU | 8,866 (64.7%) |
| Renter Occupied HU | 4,275 (31.2%) |
| Vacant Housing Units | 563 ( 4.1%) |
| Median Home Value | $272,764 |
| Average Home Value | $304,067 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-05 | $2762.24 | 8.02% | $271,300 | 5.07% |
| 2023-05-05 | $2557.20 | 14.00% | $258,200 | 8.95% |
| 2022-05-05 | $2243.22 | 3.77% | $237,000 | 10.70% |
What's Special
Pull Down Stairs,Storage
Listed by: Dana Botteron • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515823
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.
