5922 Southcrest Rd, Fort Wayne, IN, 46816 | $217/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5922 Southcrest Rd, Fort Wayne, IN, 46816 | $217/mo Cash Flow | Ziffy

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

Investment property for sale in Fort Wayne at 5922 Southcrest Rd, Fort Wayne, IN, 46816 uses $46,377 cash to close to unlock $2,603/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,057/mo, and a $685/mo payment keeps the spread at $217/mo. Purchase price stands at $139,900, and rental yield measures 9.07% with $1,057/mo rent. Return on cash invested shows 25.52% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 132.69% and total cumulative return in cash records $61,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,057/mo property income covering a $685/mo payment rather than investor’s personal income.

Single Family

Built in 1956

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity to buy a well conditioned ranch with 3 bedroom (really good size primary) 1 Bath home on street without a lot of traffic and 1360 finished sq.ft. We also have a totally updated kitchen with Granite counter tops, yes, Granite! excellent cabinet space and breakfast island. Luxury vinyl plank flooring, Stainless steel appliances and washer , dryer stay. Roof was a complete tear off and new 4 years ago. The family room is open and very nicely sized with a formal living area as well. All this in the Hillcrest subdivision close to shopping, golf, and restaurants.

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