7029 Nordale Dr, Fort Wayne, IN, 46804 | $472/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7029 Nordale Dr, Fort Wayne, IN, 46804 | $472/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 7029 Nordale Dr, Fort Wayne, IN, 46804 uses $95,804 cash to close to unlock $5,660/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,415/mo payment keeps the spread at $472/mo. Purchase price stands at $289,000, and rental yield measures 9.16% with $2,207/mo rent. Return on cash invested shows 25.82% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 134.29% and total cumulative return in cash records $128,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,415/mo payment rather than investor’s personal income.

Single Family

Built in 1964

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Move-in-ready 3BR/2BA home on over a half-acre in Aboite with a massive 7-car garage and full interior renovation. This property features an entirely new kitchen with gray cabinetry, quartz countertops, stainless appliances, and an open-concept layout that flows into the main living area. Fresh flooring, paint, lighting, and updated baths throughout, plus a brand-new furnace for peace of mind. The home includes multiple living spaces, including a cozy den with a brick fireplace insert and a bright main living room with large windows. Bedrooms are spacious and updated. A rare standout feature is the huge 24x24 bonus room at the back of the homeperfect for a home gym, recreation room, workshop or studio. Outside, the property sits on a wooded 0.53-acre lot with excellent privacy and curb appeal. Located in Aboite Township with access to award-winning SWACS schools. A one-of-a-kind garage setup and turnkey interior make this home a must-see.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

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