11121 La Fortuna Way, Roanoke, IN, 46783 | $391/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

11121 La Fortuna Way, Roanoke, IN, 46783 | $391/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2540 sft

503 E Franklin St, Huntington, IN, 46750

3 Bed
2 Bath
1162 sft

14612 Lower Huntington Rd, Roanoke, IN, 46783

3 Bed
2 Bath
1620 sft

1866 W 300 S, Huntington, IN, 46750

5 Bed
3 Bath
2088 sft

599 N Seminary St, Roanoke, IN, 46783

Nearby investment properties with comparable prices

3 Bed
2 Bath
1400 sft

712 Appleby Ct, Huntington, IN, 46750

3 Bed
2 Bath
1988 sft

3581 W 200 N, Huntington, IN, 46750

3 Bed
2 Bath
2428 sft

5460 N Broadway St, Huntington, IN, 46750

3 Bed
2 Bath
1288 sft

2035 Duncan Dr, Huntington, IN, 46750

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Roanoke at 11121 La Fortuna Way, Roanoke, IN, 46783 earns $391/mo cash flow from $1,862/mo rent with a $1,199/mo payment. Total monthly income totals $1,862/mo, and annual cash flow totals $4,698/yr on $81,218 capital. ROI tracks 25.69% on current figures, and rental yield reads 9.12% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $108,540. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,862/mo property income instead of your personal income.

Single Family

Built in 2009

7,801 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 2-bath home in the highly sought-after Southwest Allen County School District. Nestled on a quiet street in Calera, this property offers the perfect blend of comfort, convenience, and value. Step inside to an inviting open layout and plenty of natural light. The home has been updated with new hardwood LVP plank flooring throughout the main living areas and features updated appliances (all new since move-in except the oven), providing both style and peace of mind. The kitchen offers ample cabinet space, stainless steel finishes, & it all flows seamlessly into the dining area ideal for everyday living and entertaining. The split-bedroom floor plan provides privacy, with a spacious primary suite offering a walk-in closet and an en-suite bath. Outside, enjoy evenings on the patio overlooking a large backyard, perfect for gatherings or a play space. With curb appeal, a two-car garage, and quick access to shopping, dining, and major highways, this home is move-in ready and an incredible opportunity in one of Allen Countys most desirable areas.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,103 (100%)
Owner Occupied HU	2,612 (84.2%)
Renter Occupied HU	312 (10.1%)
Vacant Housing Units	179 ( 5.8%)
Median Home Value	$312,289
Average Home Value	$349,443