6513 Mapledowns DrFort WayneIN46835
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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 6513 Mapledowns Dr, Fort Wayne, IN, 46835 with 5% annual appreciation on a $116,700 basis while $2,299/mo rent supports operations. Total monthly income totals $2,299/mo and a $571/mo payment preserves $1,553/mo for cash returns. Annual cash flow comes to $18,635/yr on $38,686 deployed, and return on cash invested reaches 68.08% in year one. Equity gained on principal adds $753/yr, and five-year appreciation sums $32,242 alongside rental yield of 23.64%. Five-year ROI measures 361.41% and total cumulative return in cash totals $139,815.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,299/mo property income versus a $571/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
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Listed by: Amy Allison • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517680
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.