For SaleRisky Deal0 days on market
7003 Balmoral Dr
7003 Balmoral Dr, Fort Wayne, IN 46804, Fort Wayne, IN 46804
$415,000
Estimate®:$393,600
Listing Price
7003 Balmoral Dr, Fort Wayne, IN 46804
Loc: Fort Wayne, IN
Days Listed
0
Tax Assessed
$384k
Estimate®
$394k
Market Rate
Lot Size
0.88 acres
Rent Estimate
$2,605/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Whispering Meadow Elementary School
PK-5
1.4 mi away
9
Woodside Middle School
6-8
4 mi away
9
Homestead Senior High School
9-12
3.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storystone-veneervertical-sidingspacious-lawnlandscaped-gardentraditional-suburbanresidentialmature-treescurb-appealmulti-gabled-roofwell-manicuredserene-environment
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.70%
Total ROI
61.0%
Cash Flow
$-528/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-528/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fort Wayne, IN
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,981.66 | $384,100 |
| 2024 | $3,834.94 | $369,900 |
| 2023 | $3,635.94 | $357,000 |
| 2022 | $3,269.08 | $335,700 |
| 2021 | $3,238.08 | $311,100 |
| 2020 | $3,205.72 | $307,200 |
| 2019 | $2,621.2 | $303,200 |
| 2018 | $2,619.7 | $247,300 |
| 2017 | $2,520.06 | $244,000 |
| 2016 | $2,425.52 | $235,900 |
| 2014 | $2,421.88 | $229,100 |
| 2013 | $2,471.7 | $232,500 |
| 2011 | $2,493.48 | $234,400 |
| 2010 | $0 | $225,300 |
| 2007 | $0 | $225,300 |
| 2005 | $0 | $185,900 |
| 2004 | $0 | $185,900 |
| 2001 | $0 | $111,500 |
| 1999 | $0 | $37,160 |
Similar Properties Nearby
Explore other investment opportunities in Fort Wayne.