9802 Saint Joe RdFort WayneIN46835
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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
Investment Highlights
Investment property for sale in Fort Wayne at 9802 Saint Joe Rd, Fort Wayne, IN, 46835 earns $399/mo cash flow from $1,585/mo rent with a $967/mo payment. Total monthly income totals $1,585/mo, and annual cash flow totals $4,789/yr on $65,471 capital. ROI tracks 27.22% on current figures, and rental yield reads 9.63% at a $197,500 purchase. Equity gained on principal adds $1,274/yr, and 5% annual appreciation supports $54,566 over five years. Five-year ROI reaches 141.89% and total cumulative return in cash sums $92,895. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,585/mo property income instead of your personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46835, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,808 (100%) |
| Owner Occupied HU | 11,514 (68.5%) |
| Renter Occupied HU | 4,564 (27.2%) |
| Vacant Housing Units | 730 ( 4.3%) |
| Median Home Value | $251,777 |
| Average Home Value | $294,834 |
Housing Distribution
Address Breakdown
Residential
16,081
Single Family
15,470
Multi-Family
611
Businesses
274
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