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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 7901 Hessen Cassel Rd, Fort Wayne, IN, 46816 earns $448/mo cash flow from $1,589/mo rent with a $930/mo payment. Total monthly income totals $1,589/mo, and annual cash flow totals $5,381/yr on $62,985 capital. ROI tracks 28.45% on current figures, and rental yield reads 10.04% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 148.45% and total cumulative return in cash sums $93,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,589/mo property income instead of your personal income.
Single Family
Built in 1970
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46816, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,306 (100%) |
| Owner Occupied HU | 3,989 (48.0%) |
| Renter Occupied HU | 3,575 (43.0%) |
| Vacant Housing Units | 742 ( 8.9%) |
| Median Home Value | $165,445 |
| Average Home Value | $214,685 |
Residential
7,825
Single Family
6,037
Multi-Family
1,788
Businesses
192
Date | Event | Price |
|---|---|---|
| 2025-10-20 | Sold | $190,000 |
| 2025-09-21 | Pending sale | $174,900 |
| 2025-09-19 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $90.32 | 1.99% | $94,600 | 0.85% |
| 2023-10-24 | $88.56 | 2.00% | $93,800 | 1.08% |
| 2022-10-24 | $86.82 | 2.00% | $92,800 | 16.44% |
What's Special
Pull Down Stairs
Listed by: Justin Heffernan • Heffernan Properties Corp.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538148
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.
