Lancia's Bridgeport II Plan, WeatherstoneFort WayneIN46845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lancia's Bridgeport II Plan, Weatherstone, Fort Wayne, IN, 46845 priced at $272,500 converts $1,855/mo rent into $169/mo cash flow after a $1,334/mo obligation. Total monthly income equals $1,855/mo, and annual cash flow totals $2,028/yr on $90,334 invested. Return on cash invested prints 22.15% in year one, and rental yield reads 8.17% against a $272,500 entry. Equity gained on principal adds $1,758/yr, while 5% annual appreciation compiles into $75,287 by year five. Five-year ROI reaches 114.87% and total cumulative return in cash sums $103,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $1,334/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46845, Fort Wayne, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,048 (100%) |
| Owner Occupied HU | 9,968 (82.7%) |
| Renter Occupied HU | 1,630 (13.5%) |
| Vacant Housing Units | 450 ( 3.7%) |
| Median Home Value | $335,610 |
| Average Home Value | $360,690 |
Housing Distribution
Address Breakdown
Residential
11,995
Single Family
11,159
Multi-Family
836
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A