8333 Chapel Hill PlFort WayneIN46825
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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 8333 Chapel Hill Pl, Fort Wayne, IN, 46825 generates $2,330/mo in rent and, after a $1,679/mo payment, leaves $255/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $3,060/yr on $113,705 invested. Return on cash invested sits at 22.6% in year one, and rental yield is 8.15% on a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation builds toward $94,765 over five years. Five-year ROI reaches 117.14% and total cumulative return in cash sums $133,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.25 Acres lot
$N/A/sqft
$190 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46825, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,678 (100%) |
| Owner Occupied HU | 7,944 (58.1%) |
| Renter Occupied HU | 4,937 (36.1%) |
| Vacant Housing Units | 797 ( 5.8%) |
| Median Home Value | $237,440 |
| Average Home Value | $265,249 |
Housing Distribution
Address Breakdown
Residential
13,252
Single Family
11,288
Multi-Family
1,964
Businesses
1,404
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Listed by: Brandy Beckstedt • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522693
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.