7406 Oxford CtFort WayneIN46815
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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 7406 Oxford Ct, Fort Wayne, IN, 46815 offers a 10.6% rental yield on a $358,500 purchase with $3,168/mo rent. Total monthly income registers $3,168/mo, and a $1,755/mo payment leaves $944/mo available for distribution. Annual cash flow reaches $11,328/yr on $118,843 to close, and return on cash invested stands at 29.44% in year one. Equity gained on principal adds $2,313/yr while 5% annual appreciation supports $99,047 over five years. Portfolio math shows five-year ROI at 153.96% and total cumulative return in cash at $182,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,168/mo property income against a $1,755/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.29 Acres lot
$N/A/sqft
$129 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
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Listed by: Michael Litchin • Litchin Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530981
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.