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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 9233 Thunder Hill Pl, Fort Wayne, IN, 46804 generates $2,038/mo in rent and, after a $1,370/mo payment, leaves $342/mo in cash flow. Total monthly income is $2,038/mo, and annual cash flow is $4,104/yr on $92,787 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 8.74% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash sums $117,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
$189 annually HOA
Neighborhood data shown for ZIP Code: 46804, Fort Wayne, IN area.
| 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 |
Residential
13,065
Single Family
11,568
Multi-Family
1,497
Businesses
1,188
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $768.00 | 2.00% | $236,300 | 7.12% |
| 2023-06-25 | $752.94 | 2.00% | $220,600 | 6.78% |
| 2022-06-25 | $738.18 | 2.00% | $206,600 | 19.49% |
Listed by: Eduardo Arevalo • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524178
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.
