820 W Jefferson BlvdFort WayneIN46802
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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
Rental property for sale in Fort Wayne at 820 W Jefferson Blvd, Fort Wayne, IN, 46802 generates $2,070/mo in rent, after a $1,701/mo payment. Total monthly income is $2,070/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 7.15% on a $347,500 entry. Equity gained on principal adds $2,242/yr, while 5% annual appreciation builds toward $96,008 over five years. Five-year ROI reaches 101.68% and total cumulative return in cash sums $117,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46802, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,718 (100%) |
| Owner Occupied HU | 1,514 (26.5%) |
| Renter Occupied HU | 3,373 (59.0%) |
| Vacant Housing Units | 831 (14.5%) |
| Median Home Value | $178,409 |
| Average Home Value | $232,751 |
Housing Distribution
Address Breakdown
Residential
5,036
Single Family
3,762
Multi-Family
1,274
Businesses
984
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Listed by: Renae Kollen • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls ID: #202546733