Lancia's Chesapeake I 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
Rental property for sale in Fort Wayne at Lancia's Chesapeake I Plan, Verona Lakes, Fort Wayne, IN, 46814 priced at $240,600 pairs $1,726/mo rent with $243/mo cash flow after a $1,178/mo payment. Total monthly income equals $1,726/mo, and annual cash flow comes to $2,920/yr on $79,759 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 8.61% on a $240,600 basis. Equity gained on principal adds $1,553/yr, and 5% annual appreciation accumulates to $66,473 by year five. Five-year ROI measures 122.48% and total cumulative return in cash reaches $97,691. For financing, Ziffy Mortgage’s DSCR program evaluates $1,726/mo property income against a $1,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
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