9109 Brickshire PkwyFort WayneIN46815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Fort Wayne at 9109 Brickshire Pkwy, Fort Wayne, IN, 46815 uses $79,527 cash to close to unlock $8,322/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $2,152/mo, and a $1,174/mo payment keeps the spread at $694/mo. Purchase price stands at $239,900, and rental yield measures 10.76% with $2,152/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 158.82% and total cumulative return in cash records $126,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,152/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2009
6,534 sqft lot
$N/A/sqft
$223 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,645 (100%) |
| Owner Occupied HU | 8,234 (70.7%) |
| Renter Occupied HU | 2,962 (25.4%) |
| Vacant Housing Units | 449 ( 3.9%) |
| Median Home Value | $218,361 |
| Average Home Value | $241,192 |
Housing Distribution
Address Breakdown
Residential
11,248
Single Family
10,821
Multi-Family
427
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haris Karalic • F.C. Tucker Fort Wayne
Mls Name: IRMLS
Mls Provider:
Mls ID: #202440215
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.