1854 Carica CtFort WayneIN46814
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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
Investment Highlights
Investment property for sale in Fort Wayne at 1854 Carica Ct, Fort Wayne, IN, 46814 with 5% annual appreciation on a $1,590,900 basis while $2,514/mo rent supports operations. 99% in year one. Equity gained on principal adds $10,266/yr, and five-year appreciation sums $439,536 alongside rental yield of 1.9%. Five-year ROI measures 17.12% and total cumulative return in cash totals $88,250. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,514/mo property income versus a $7,787/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.40 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,175
Single Family
6,175
Multi-Family
0
Businesses
127
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Listed by: Katie Penny • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls ID: #202544978