4519 E Lafayette Esplanade, Fort Wayne, IN, 46806 | 6.95% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4519 E Lafayette Esplanade, Fort Wayne, IN, 46806 | 6.95% Rental Yield | 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

Rental property for sale in Fort Wayne at 4519 E Lafayette Esplanade, Fort Wayne, IN, 46806 generates $1,098/mo in rent, after a $928/mo payment. Total monthly income is $1,098/mo. Return on cash invested sits at 19.14% in year one, and rental yield is 6.95% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 98.47% and total cumulative return in cash sums $61,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,098/mo property income rather than buyer’s personal income.

Single Family

Built in 1929

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Start Showing Date: 10/7/2025 Nestled in a quiet established neighborhood, where you can walk your dog, ride your bike, or go for a walk. Charming 3-bedroom, 1.5-bath home, this home screams character. Enjoy your morning breakfast in the sun-filled Breakfast nook! Downstairs, you find beautiful hardwood floors with a fireplace in the living room. The seller is offering a carpet allowance as well.