8206 Castle Pines PlFort WayneIN46835
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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
Investment property for sale in Fort Wayne at 8206 Castle Pines Pl, Fort Wayne, IN, 46835 offers a 7% rental yield on a $379,900 purchase with $2,217/mo rent. 83% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 91.98% and total cumulative return in cash at $115,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,217/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10,018 sqft lot
$N/A/sqft
$100 monthly 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
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Listed by: Lilliana Caro • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517899
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.