12506 Ivanhoe Ln, Fort Wayne, IN, 46814 | $403/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12506 Ivanhoe Ln, Fort Wayne, IN, 46814 | $403/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fort Wayne at 12506 Ivanhoe Ln, Fort Wayne, IN, 46814 earns $403/mo cash flow from $2,203/mo rent with a $1,468/mo payment. Total monthly income totals $2,203/mo, and annual cash flow totals $4,830/yr on $99,450 capital. ROI tracks 24.77% on current figures, and rental yield reads 8.81% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash sums $127,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.

Single Family

Built in 2004

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

***OPEN HOUSE SUNDAY, JULY 6 from 1-3*** Located within Southwest Allen County School district is this beautifully updated home with timeless finishes. The head to toe cosmetic refresh was completed in early 2024 and includes new stylish LVP in main living areas and baths, new carpet in all of the bedrooms, fresh paint throughout, modern cabinet and door hardware, bathroom vanities and sinks, walk-in tile shower, lighting, and thoughtful finish details. When you enter you are greeted with elegant lighting, built-in cubbies and 10' ceilings in the foyer and kitchen. The living room has a gas log fireplace. The primary suite and laundry are also conveniently located on the first floor. Upstairs is a large Texas Basement with dual closets and French doors, which could also serve as a 4th bedroom. The other two bedrooms are roomy and have spacious walk-in closets. The backyard is enclosed with a 6' vinyl privacy fence and includes a fire pit. Conveniently located between Fort Wayne and Roanoke, minutes to everything from healthcare to entertainment. All appliances are included but not warranted. Per HOA covenants and restrictions, rentals are not permitted in this community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46814, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,381 (100%)
Owner Occupied HU	5,599 (87.7%)
Renter Occupied HU	570 ( 8.9%)
Vacant Housing Units	212 ( 3.3%)
Median Home Value	$387,258
Average Home Value	$434,010