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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 6020 Becker Dr, Fort Wayne, IN, 46835 offers a 11.78% rental yield on a $159,900 purchase with $1,570/mo rent. Total monthly income registers $1,570/mo, and a $783/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,317/yr on $53,007 to close, and return on cash invested stands at 33.71% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 176.66% and total cumulative return in cash at $93,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,570/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,808 (100%) |
| Owner Occupied HU | 11,514 (68.5%) |
| Renter Occupied HU | 4,564 (27.2%) |
| Vacant Housing Units | 730 ( 4.3%) |
| Median Home Value | $251,777 |
| Average Home Value | $294,834 |
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $159,900 |
| 2016-07-28 | Sold | $70,300 |
| 2016-04-15 | Listed for sale | $69,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $1008.14 | 3.95% | $119,900 | 2.48% |
| 2023-06-28 | $969.84 | 42.75% | $117,000 | 8.13% |
| 2022-06-28 | $679.40 | 11.02% | $108,200 | 22.68% |
Listed by: Eric Smith • Uptown Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524924
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.
