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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 9520 Fireside Ct, Fort Wayne, IN, 46804 offers a 8.62% rental yield on a $349,900 purchase with $2,513/mo rent. Total monthly income registers $2,513/mo, and a $1,713/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,821/yr on $115,992 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 124.93% and total cumulative return in cash at $144,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,513/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.29 Acres lot
$N/A/sqft
$125 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 |
|---|---|---|
| 2017-12-05 | Sold | $180,000 |
| 2017-10-18 | Price change | $184,900 |
| 2017-09-25 | Price change | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $2253.94 | -4.53% | $248,800 | -2.70% |
| 2023-03-28 | $2360.94 | 11.73% | $255,700 | 8.58% |
| 2022-03-28 | $2113.08 | 0.81% | $235,500 | 10.36% |
Listed by: Evan Riecke • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510024
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.
