Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Wayne at 6527 E Canal Pointe Ln, Fort Wayne, IN, 46804 generates $2,929/mo in rent and, after a $1,987/mo payment, leaves $150/mo in cash flow. Total monthly income is $2,929/mo, and annual cash flow is $1,799/yr on $134,589 invested. Return on cash invested sits at 21.25% in year one, and rental yield is 8.66% on a $406,000 entry. Equity gained on principal adds $2,620/yr, while 5% annual appreciation builds toward $112,170 over five years. Five-year ROI reaches 110.86% and total cumulative return in cash sums $149,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,929/mo property income rather than buyer’s personal income.
Condo
Built in 1985
9,147 sqft lot
$N/A/sqft
$290 monthly 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 |
|---|---|---|
| 2025-07-15 | Sold | $406,000 |
| 2025-06-06 | Pending sale | $400,000 |
| 2025-05-20 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $3993.44 | 3.08% | $377,300 | 1.53% |
| 2023-11-04 | $3874.08 | 27.57% | $371,600 | 3.97% |
| 2022-11-04 | $3036.84 | 12.81% | $357,400 | 23.58% |
What's Special
Pull Down Stairs
Listed by: Beth Goldsmith • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518651
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.
