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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% |
Rental property for sale in Fort Wayne at 9014 Muldoon Rd, Fort Wayne, IN, 46819 generates $1,662/mo in rent and, after a $929/mo payment, leaves $523/mo in cash flow. Total monthly income is $1,662/mo, and annual cash flow is $6,270/yr on $62,952 invested. Return on cash invested sits at 29.87% in year one, and rental yield is 10.5% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 156.03% and total cumulative return in cash sums $98,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,662/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.88 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $189,900 |
| 2022-06-01 | Sold | $160,000 |
| 2022-05-03 | Pending sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $961.48 | 162.46% | $130,700 | -4.95% |
| 2023-06-12 | $366.34 | -67.94% | $137,500 | 56.78% |
| 2022-06-12 | $1142.80 | -0.56% | $87,700 | 28.97% |
Listed by: George S Raptis • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522040
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.
