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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fort Wayne at 8831 Hempford Dr, Fort Wayne, IN, 46819 listed at $279,900 pairs $2,359/mo rent with a $1,370/mo payment to leave $591/mo cash flow. Total monthly income runs $2,359/mo, and annual cash flow reaches $7,087/yr on $92,787 cash to close. Return on cash invested measures 27.55% in year one, and rental yield registers 10.11% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 143.98% and total cumulative return in cash totals $133,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,359/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
10,454 sqft lot
$N/A/sqft
$135 annually HOA
Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,368 (100%) |
| Owner Occupied HU | 2,812 (64.4%) |
| Renter Occupied HU | 1,305 (29.9%) |
| Vacant Housing Units | 251 ( 5.7%) |
| Median Home Value | $196,728 |
| Average Home Value | $253,935 |
Residential
3,916
Single Family
3,520
Multi-Family
396
Businesses
58
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $3246.84 | 24.97% | $180,300 | 13.90% |
| 2023-06-02 | $2598.00 | -3.19% | $158,300 | 3.80% |
| 2022-06-02 | $2683.56 | -3.94% | $152,500 | 4.02% |
Listed by: Allison Washington • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520467
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.
