508 McKinnie Ave, Fort Wayne, IN 46806

2 bd · 1 ba · 759 sqft · built 1920 · Fort Wayne · SINGLE_FAMILY·source listing ↗

$59,900

$62,900 first listed

seller intel

Price cut

−4.8%

from $62,900

Motivation score

26/100

OnePercent model (vv1)$1,373/mo

p10–p90 confidence band

HUD Fair Market Rent · 46806 · 2BR$970/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Allen

Flood risk indexRelatively Low FEMA NRI

Median household income$47,895

Median area rent$966/mo

Median home value$84,100

the verdict

2.29%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$59,900

2.29% · rent $1,373

Intrinsic value · income approach

$136,260

56% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.