924 Winchester Ln, Fort Wayne, IN, 46819 | $741/mo Cash Flow

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924 Winchester Ln, Fort Wayne, IN, 46819 | $741/mo Cash Flow | Ziffy

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

Investment property for sale in Fort Wayne at 924 Winchester Ln, Fort Wayne, IN, 46819 offers a 10.44% rental yield on a $275,000 purchase with $2,392/mo rent. Total monthly income registers $2,392/mo, and a $1,346/mo payment leaves $741/mo available for distribution. Annual cash flow reaches $8,895/yr on $91,163 to close, and return on cash invested stands at 29.67% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 154.96% and total cumulative return in cash at $141,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,392/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 1.5-story gem, perfectly nestled on a picturesque pond lot! From the moment you step through the front door, you're greeted by soaring ceilings and a dramatic staircase that sets the tone for the elegance within. The formal dining room offers flexibilityspacious enough for a grand table, yet versatile enough to serve as a stylish home office. The kitchen is a true centerpiece, featuring abundant cabinetry, a generous island with breakfast bar, and a cozy eat-in dinette ideal for casual mornings or lively gatherings. Just off the garage, the combined laundry and mudroom adds everyday convenience with a substantial closet for storage and organization. The great room is bathed in natural light throughout the day and transforms into a serene fireside haven by night. A whitewashed brick fireplace with a rustic wooden mantel anchors the space, ready to charm in every season. The primary suite, tucked privately beyond the great room, boasts vaulted ceilings and a large window that fills the room with light and airiness. The ensuite bathroom includes a spacious linen closet and an oversized walk-in closet to meet all your storage needs. Upstairs, two additional bedrooms offer generous closet space and share a full bathperfect for family, guests, or a home office setup. Step outside to your fully fenced backyard oasis, where you can savor tranquil sunsets over the pond or enjoy your morning coffee to the soothing sounds of the fountain. This home is a rare blend of comfort, style, and natural beautydont miss your chance to make it yours.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46819, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

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