720 Dove Nest CvFort WayneIN46825
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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 720 Dove Nest Cv, Fort Wayne, IN, 46825 at $245,900 posts ROI 22.09% with $148/mo cash flow from $1,735/mo rent. Total monthly income equals $1,735/mo, and annual cash flow records $1,776/yr on $81,516 to close. Return on cash invested measures 22.09% and rental yield reads 8.47% at the current $245,900. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,938 by year five. Five-year ROI prints 114.95% and total cumulative return in cash totals $93,703.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,735/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1998
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46825, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 7,944 (58.1%) |
| Renter Occupied HU | 4,937 (36.1%) |
| Vacant Housing Units | 797 ( 5.8%) |
| Median Home Value | $237,440 |
| Average Home Value | $265,249 |
Housing Distribution
Address Breakdown
Residential
13,252
Single Family
11,288
Multi-Family
1,964
Businesses
1,404
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Listed by: Jeffery H Walborn • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516196
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.