6603 Sunland DrFort WayneIN46815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6603 Sunland Dr, Fort Wayne, IN, 46815 at $219,900 posts ROI 23.22% with $201/mo cash flow from $1,521/mo rent. Total monthly income equals $1,521/mo, and annual cash flow records $2,415/yr on $72,897 to close. Return on cash invested measures 23.22% and rental yield reads 8.3% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 120.39% and total cumulative return in cash totals $87,760.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,521/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,645 (100%) |
| Owner Occupied HU | 8,234 (70.7%) |
| Renter Occupied HU | 2,962 (25.4%) |
| Vacant Housing Units | 449 ( 3.9%) |
| Median Home Value | $218,361 |
| Average Home Value | $241,192 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Nearby investment properties with comparable prices
Listed by: Joshua Allgeier • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls ID: #202530263