Lancia's Franklin II Plan, Lakes at Broad AcresFort 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
Investment property for sale in Fort Wayne at Lancia's Franklin II Plan, Lakes at Broad Acres, Fort Wayne, IN, 46818 listed at $215,200 pairs $1,619/mo rent with a $1,053/mo payment to leave $281/mo cash flow. Total monthly income runs $1,619/mo, and annual cash flow reaches $3,378/yr on $71,339 cash to close. Return on cash invested measures 24.64% in year one, and rental yield registers 9.03% at a $215,200 basis. Equity gained on principal adds $1,389/yr, and annual property appreciation at 5% supports $59,456 by year five. Five-year ROI tracks 128.3% and total cumulative return in cash totals $91,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $1,053/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$46 monthly 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 • Lancia Homes
Mls Name: Lancia Homes
Mls ID: #N/A