6407 Old Maumee RdFort WayneIN46803
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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
Investment Highlights
Investment property for sale in Fort Wayne at 6407 Old Maumee Rd, Fort Wayne, IN, 46803 listed at $217,500 pairs $1,560/mo rent with a $1,065/mo payment to leave $254/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $3,047/yr on $72,101 cash to close. Return on cash invested measures 24.14% in year one, and rental yield registers 8.61% at a $217,500 basis. Equity gained on principal adds $1,403/yr, and annual property appreciation at 5% supports $60,091 by year five. Five-year ROI tracks 125.27% and total cumulative return in cash totals $90,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,065/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46803, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,555 (100%) |
| Owner Occupied HU | 1,546 (33.9%) |
| Renter Occupied HU | 2,353 (51.7%) |
| Vacant Housing Units | 656 (14.4%) |
| Median Home Value | $85,510 |
| Average Home Value | $139,154 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,660
Multi-Family
313
Businesses
558
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Listed by: Vivian Pashova • Premier Inc., REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525057
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.