6709 Shag Bark Ct, Fort Wayne, IN, 46835 | $584/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6709 Shag Bark Ct, Fort Wayne, IN, 46835 | $584/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 6709 Shag Bark Ct, Fort Wayne, IN, 46835 listed at $389,900 pairs $2,924/mo rent with a $1,908/mo payment to leave $584/mo cash flow. Total monthly income runs $2,924/mo, and annual cash flow reaches $7,006/yr on $129,252 cash to close. Return on cash invested measures 25.33% in year one, and rental yield registers 9% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 131.65% and total cumulative return in cash totals $170,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,924/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1995

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

This once-in-a-lifetime home has finally become available. Upon walking in, this four-bedroom, 2.5-bath home with a finished basement will feel like home. It is in the desirable northeast neighborhood of Jonathon Oaks on a cul-de-sac lot! It is conveniently located near highway access and shopping. This over 3100 sqft home features a 3-car garage and is meticulously landscaped. Pride in homeownership can be felt throughout. A custom-built Windsor Home boasts a dramatic two-story foyer leading into an open concept layout perfect for family and friends and a massive eat-in kitchen for those who love entertaining and making memories with loved ones. The living room has surround sound, custom-built ins, and a double-sided fireplace. The well-appointed primary bedroom has a fireplace, a large bay window with seating, a walk-in closet, and a large en-suite with a separate jetted garden tub and shower. Plus, a double vanity on the main level. Enjoy hanging out in a finished basement that feels warm and inviting, with its fireplace and built-ins! Upstairs, you will find a special lofted area that connects 3 LARGE bedrooms. You must see your new home!

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