7325 Springhill DrFort WayneIN46819
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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 7325 Springhill Dr, Fort Wayne, IN, 46819 offers a 9.95% rental yield on a $179,900 purchase with $1,492/mo rent. Total monthly income registers $1,492/mo, and a $881/mo payment leaves $412/mo available for distribution. Annual cash flow reaches $4,939/yr on $59,637 to close, and return on cash invested stands at 28.19% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 147.03% and total cumulative return in cash at $87,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,492/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 2,812 (64.4%) |
| Renter Occupied HU | 1,305 (29.9%) |
| Vacant Housing Units | 251 ( 5.7%) |
| Median Home Value | $196,728 |
| Average Home Value | $253,935 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,520
Multi-Family
396
Businesses
58
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Listed by: Jessy Sims • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509412
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.