8115 Calera DrFort WayneIN46818
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 8115 Calera Dr, Fort Wayne, IN, 46818 offers a 9.93% rental yield on a $250,900 purchase with $2,076/mo rent. Total monthly income registers $2,076/mo, and a $1,228/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,839/yr on $83,173 to close, and return on cash invested stands at 28.13% in year one. Equity gained on principal adds $1,619/yr while 5% annual appreciation supports $69,319 over five years. Portfolio math shows five-year ROI at 146.69% and total cumulative return in cash at $122,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,076/mo property income against a $1,228/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Litchin • Litchin Real Estate
Mls Name: IRMLS
Mls ID: #202537744