1711 Lofton Way, Fort Wayne, IN, 46815 | $507/mo Cash Flow

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1711 Lofton Way, Fort Wayne, IN, 46815 | $507/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 1711 Lofton Way, Fort Wayne, IN, 46815 listed at $315,000 pairs $2,398/mo rent with a $1,542/mo payment to leave $507/mo cash flow. Total monthly income runs $2,398/mo, and annual cash flow reaches $6,082/yr on $104,423 cash to close. Return on cash invested measures 25.73% in year one, and rental yield registers 9.14% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 133.84% and total cumulative return in cash totals $139,757. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,398/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home in the sought-after Lofton Woods neighborhood! This beautifully maintained 4-bedroom, 2.5-bath home offers an ideal layout with a versatile den/office on the main floor that could easily serve as a fifth bedroom. Enjoy morning coffee on the charming front porch, then head to the sunroomyour private retreat to watch deer wander through the backyard. You might even spot an owl or two, adding to the peaceful, nature-filled setting. The backyard is perfect for entertaining, featuring a basketball court, patio, fire pit, and plenty of space for gatherings. The sellers have hosted memorable parties here, including one with a live band right on the basketball court. Inside, youll find granite countertops, freshly painted walls, and thoughtful updates throughout, including a new furnace and A/C in 2023, a complete tear-off roof in 2019, updated kitchen cabinets in 2023, remodeled upstairs bathroom in 2023, and new gutters with gutter guards added in 2024. A battery backup for the sump pump adds extra peace of mind. The finished basement offers even more space for fun and relaxation. Whether youre watching movies or enjoying the pool table (which stays with the home), theres room for everyone. There is also a huge storage area in the basement! Additional features include a built-in workbench, built-in bookcases, and generous closet space throughout, including double closets in the primary suite. This home truly checks all the boxes. Schedule your private tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46815, Fort Wayne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,645 (100%)
Owner Occupied HU	8,234 (70.7%)
Renter Occupied HU	2,962 (25.4%)
Vacant Housing Units	449 ( 3.9%)
Median Home Value	$218,361
Average Home Value	$241,192