7717 Frontier AveFort WayneIN46835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7717 Frontier Ave, Fort Wayne, IN, 46835 listed at $199,900 pairs $1,798/mo rent with a $978/mo payment to leave $552/mo cash flow. Total monthly income runs $1,798/mo, and annual cash flow reaches $6,622/yr on $66,267 cash to close. Return on cash invested measures 29.9% in year one, and rental yield registers 10.79% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 156.48% and total cumulative return in cash totals $103,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,798/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
9,583 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,808 (100%) |
| Owner Occupied HU | 11,514 (68.5%) |
| Renter Occupied HU | 4,564 (27.2%) |
| Vacant Housing Units | 730 ( 4.3%) |
| Median Home Value | $251,777 |
| Average Home Value | $294,834 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick Widmann • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529861
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.