8405 Ashworth CtFort WayneIN46818
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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 8405 Ashworth Ct, Fort Wayne, IN, 46818 generates $2,264/mo in rent and, after a $1,531/mo payment, leaves $386/mo in cash flow. Total monthly income is $2,264/mo, and annual cash flow is $4,634/yr on $103,726 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 8.68% on a $312,900 entry. Equity gained on principal adds $2,019/yr, while 5% annual appreciation builds toward $86,449 over five years. Five-year ROI reaches 126.58% and total cumulative return in cash sums $131,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,264/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.31 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
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Listed by: Phil Laux • RE/MAX Results
Mls Name: IRMLS
Mls ID: #202602177