Chatham Plan, Colonial HeightsFort WayneIN46818
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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
Rental property for sale in Fort Wayne at Chatham Plan, Colonial Heights, Fort Wayne, IN, 46818 priced at $297,900 pairs $2,279/mo rent with $491/mo cash flow after a $1,458/mo payment. Total monthly income equals $2,279/mo, and annual cash flow comes to $5,890/yr on $98,754 invested. Return on cash invested is 25.87% in year one, and rental yield stands at 9.18% on a $297,900 basis. Equity gained on principal adds $1,922/yr, and 5% annual appreciation accumulates to $82,304 by year five. Five-year ROI measures 134.58% and total cumulative return in cash reaches $132,901. For financing, Ziffy Mortgage’s DSCR program evaluates $2,279/mo property income against a $1,458/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46818, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,009
Single Family
9,890
Multi-Family
119
Businesses
651
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A