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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% |
Rental property for sale in Fort Wayne at 7604 Popp Rd, Fort Wayne, IN, 46845 generates $944/mo in rent and, after a $587/mo payment, leaves $224/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $2,688/yr on $39,780 invested. Return on cash invested sits at 26.67% in year one, and rental yield is 9.44% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash sums $55,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $111.80 | 1.99% | $123,000 | 15.06% |
| 2023-04-08 | $109.62 | 1.99% | $106,900 | 0.28% |
| 2022-04-08 | $107.48 | 2.01% | $106,600 | 9.22% |
Listed by: Scott Yoder • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511600
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.
