7117 Blackhawk Ln, Fort Wayne, IN, 46815 | $632/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7117 Blackhawk Ln, Fort Wayne, IN, 46815 | $632/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

Rental property for sale in Fort Wayne at 7117 Blackhawk Ln, Fort Wayne, IN, 46815 generates $2,102/mo in rent and, after a $1,199/mo payment, leaves $632/mo in cash flow. Total monthly income is $2,102/mo, and annual cash flow is $7,579/yr on $81,184 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 10.3% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 152.7% and total cumulative return in cash sums $123,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,102/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

MAJOR PRICE REDUCTION: Charming Ranch with Great Curb Appeal!! Circular Drive, Corner Lot, Many Updates, Newer Architectural Roof installed in 2019, New Gas Force Furnace, New Air Condition Both Installed in 2025, Vinyl Flashing under the Gutters all around the house, Most Rooms freshly Painted, Newer Blinds, New Toilet. Must Tour this Large Ranch with Oversize two car Garage, Cement Walk Way from Drive Way to Rear Patio, Cement Walk Way from Drive Way to the Front Door. Beautiful Landscaping around the property. Large 12 x 20 Expenses Shed to Stay. Enjoy the Comfortable Kitchen with built-IN Bar, also Breakfast Area.

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