6811 Bittersweet Dells CtFort WayneIN46814
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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 6811 Bittersweet Dells Ct, Fort Wayne, IN, 46814 offers a 8.86% rental yield on a $333,500 purchase with $2,462/mo rent. Total monthly income registers $2,462/mo, and a $1,632/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,918/yr on $110,555 to close, and return on cash invested stands at 24.36% in year one. Equity gained on principal adds $2,152/yr while 5% annual appreciation supports $92,140 over five years. Portfolio math shows five-year ROI at 126.64% and total cumulative return in cash at $140,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,462/mo property income against a $1,632/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.53 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,381 (100%) |
| Owner Occupied HU | 5,599 (87.7%) |
| Renter Occupied HU | 570 ( 8.9%) |
| Vacant Housing Units | 212 ( 3.3%) |
| Median Home Value | $387,258 |
| Average Home Value | $434,010 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
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Listed by: Cecilia Espinoza • Realty of America LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520764
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.