








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 6135 Chapel Pines Run, Fort Wayne, IN, 46804 uses $91,163 cash to close to unlock $3,696/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,976/mo, and a $1,346/mo payment keeps the spread at $308/mo. Purchase price stands at $275,000, and rental yield measures 8.62% with $1,976/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash records $113,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.25 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $275,000 |
| 2013-03-05 | Sold | $127,000 |
| 2013-01-23 | Pending sale | $131,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $2488.62 | 11.16% | $251,200 | 7.81% |
| 2023-06-26 | $2238.82 | 12.32% | $233,000 | 11.80% |
| 2022-06-26 | $1993.34 | 11.60% | $208,400 | 9.22% |



Listed by: William Leon • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524384
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.