Location: Fort Wayne IN
Unemployment: Jan. 2013 7.7%; Jan. 2012 9.0%
Average cost of 3 bedroom in zip 46808: $61,250
Average rent for property in 46808: $980.00/month
Example of annual tax in 46808: $490
Current days on market in Fort Wayne:
Average: 136 days Median: 58 days
Fort Wayne is the second largest real estate market in Indiana, with several communities adjacent and more within 30 miles. Many purchases allow for attractive cash flow yields. The local government understands the value of investors improving the market values and physical improvements, and have implemented policies to encourage investing.
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