Lancia's Avalon II Plan, Verona LakesFort 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 Lancia's Avalon II Plan, Verona Lakes, Fort Wayne, IN, 46814 listed at $231,200 pairs $1,582/mo rent with a $1,132/mo payment to leave $156/mo cash flow. Total monthly income runs $1,582/mo, and annual cash flow reaches $1,869/yr on $76,643 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 8.21% at a $231,200 basis. Equity gained on principal adds $1,492/yr, and annual property appreciation at 5% supports $63,876 by year five. Five-year ROI tracks 115.89% and total cumulative return in cash totals $88,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,582/mo property income relative to a $1,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$38 monthly 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: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A