8609 Timbermill Pl, Fort Wayne, IN, 46804 | $214/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Wayne at 8609 Timbermill Pl, Fort Wayne, IN, 46804 generates $1,924/mo in rent and, after a $1,394/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,924/mo, and annual cash flow is $2,571/yr on $94,444 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 8.1% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 117.22% and total cumulative return in cash sums $110,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,924/mo property income rather than buyer’s personal income.

Single Family

Built in 1991

0.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,704 (100%)
Owner Occupied HU	8,866 (64.7%)
Renter Occupied HU	4,275 (31.2%)
Vacant Housing Units	563 ( 4.1%)
Median Home Value	$272,764
Average Home Value	$304,067