6400 Neighbor Drive

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6400 Neighbor Drive

Fort Wayne, IN 46835
Asking Price
$295K
Asset Type
Land
Class
Class B

What's Special

Land For Sale <ul><li>​High-Traffic Location: Positioned in a bustling area with significant foot and vehicle traffic.</li></ul><p></p><ul><li>​Local Amenities Nearby: Located just around the corner from popular local establishments, including a BBQ restaurant, an ice cream shop, a shopping center, and the YMCA, providing convenience and lifestyle options for residents.</li></ul><p></p><ul><li>​Development Potential: Excellent opportunity for housing development or multi-family units to meet growing demand.</

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

Location & Travel Times