








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Wayne at 4130 Luzena Ln, Fort Wayne, IN, 46818 uses $96,135 cash to close to unlock $5,599/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,419/mo payment keeps the spread at $467/mo. Purchase price stands at $290,000, and rental yield measures 9.13% with $2,207/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 133.84% and total cumulative return in cash records $128,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,825 (100%) |
| Owner Occupied HU | 7,623 (77.6%) |
| Renter Occupied HU | 1,718 (17.5%) |
| Vacant Housing Units | 484 ( 4.9%) |
| Median Home Value | $245,867 |
| Average Home Value | $263,378 |
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
Date | Event | Price |
|---|---|---|
| 2024-11-28 | Sold | $290,000 |
| 2024-11-12 | Pending sale | $289,900 |
| 2024-10-16 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1559.42 | 15.75% | $221,100 | 6.30% |
| 2023-11-02 | $1347.20 | 18.46% | $208,000 | 7.66% |
| 2022-11-02 | $1137.30 | 15.36% | $193,200 | 18.67% |



Listed by: John Fitzgerald • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423479
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.