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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Wayne at 7301 Ideal Ave, Fort Wayne, IN, 46809 uses $54,698 cash to close to unlock $3,176/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,305/mo, and a $808/mo payment keeps the spread at $265/mo. Purchase price stands at $165,000, and rental yield measures 9.49% with $1,305/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 134.18% and total cumulative return in cash records $73,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,305/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46809, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,247 (100%) |
| Owner Occupied HU | 2,422 (57.0%) |
| Renter Occupied HU | 1,602 (37.7%) |
| Vacant Housing Units | 223 ( 5.3%) |
| Median Home Value | $156,005 |
| Average Home Value | $213,601 |
Residential
4,168
Single Family
3,942
Multi-Family
226
Businesses
448
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $165,000 |
| 2024-10-08 | Sold | $95,000 |
| 2024-08-30 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $1963.84 | -24.28% | $76,700 | -10.71% |
| 2023-03-31 | $2593.62 | 490.83% | $85,900 | -25.56% |
| 2022-03-31 | $438.98 | -64.30% | $115,400 | 488.78% |
Listed by: Tyler Jackson • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510305
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.
